Accountancy, asked by rizwanmohiuddin27, 6 months ago

Journal entry purchased a cycle for his son

Answers

Answered by shainadas1020
3

Answer:

Drawings a/c. Dr.

To cash a/c

(Being cycle purchased for son)

EXPLANATION -

Here purchasing a cycle is an expense for which cash is taken from the business by the proprietor.

cash here (goes out) so it is debited.

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