Accountancy, asked by ashwinishetkar574, 11 months ago

paid for printing ₹600 journal entry ​

Answers

Answered by lakshmisankar01
1

Answer:

Printing expenses A/C Dr 600

To Bank or Cash account    600

Explanation:

Printing charges in a business is recurring expenses in nature. Hence Expenses increases debit the concern expenses account.

the payment may either by cash or by Bank. Both are current assets to the business. Assets decreases credit.

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