paid cheque for electrical fitting journal entry
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Answered by
3
Answer:
Three golden rules
Explanation:
- Debit the reciever
- Credit the giver
- Debit what comes in
- Credit what goes out
- etc.
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Answered by
2
Answer:
electrical fitting a/c dr
to bank a/c
(paid cheque for electrical fitting)
Explanation:
as electrical fitting is an expense, we debit it, and as we pay it by cheque the bank a/c is credited
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