Accountancy, asked by samsung82, 11 months ago

journal entry on paid establishment expenses through bank​

Answers

Answered by vaishnavitiyya
8

Answer:

establishment expenses A/C        dr.

                          to bank A/C

Explanation:

according to nominal rule: debits are expenses and according to personal rule: credit the receiver

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Answered by subhadeep85
0

Answer: Establishment A/c Dr

To Bank A/c

Explanation:As per Golden rules All expenses are debited and Asset has debit balance so if credited it is reduced. Hence Bank being asset is getting reduced.

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