Question

Paid telliphone bill by cheque what is debited and what is credited

Answer 1

Answer:

money

Explanation:

INDIAN RUPEES MONEY

Answer 2

Answer:Telephone bill a/c dr.

To bank a/c

Explanation:

You are paying the bill of telephone (means it is an expense that you are making out)

According to the rule of nominal accoint

All expenses and losses are debited.

All incomes and gains are credited.

Therefore bill will be debited and bank will be credited.