Question

Paid Rana by cheque (bank) , identify Dr and cr

Answer 1

Rana a/c dr
to bank a/c

Answer 2

3 golden rules   Debit the receiver , credit the giver  Debit what comes in and credit what goes out  Debut all the expenses and losses of the company and credit all the income and gains of the company   –---------–---------------------  Analysis of debit and credit   2 accounts affected  Rana A/c Bank A/c   Rana A/c is personal A/c - where Rana is the receiver of the company so as per golden rule Rana a/c will be accounted as debit   Bank A/c is real a/c - where money goes out of the company therefore it's credited   Hope it's understood