Hindi, asked by ppawanyadav185, 6 months ago

paid to ram by cheque 3200

Answers

Answered by ashi1532
1

Answer:

Ram Chand A/c …. Dr

To Bank A/c

[Being paid Ram Chand by cheque]

Ram Chand A/c Debit because Ram Chand is the (personal Account) and receiver.

Bank A/c Credit because Bank is the [Real Account] and money goes out of the bank.

Golden Rules:

Personal Account:

Debit the Receiver, Credit the Giver

Real Account:

What cames in Debit and what Goes out Credit

Nominal Account:

Expenses & Loss Debit, and Income, Profit Credit

I hope this answer helps you

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