paid to Ravi what is its joirnal entry
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Question :
paid to Ravi what is its joirnal entry
Answer :
Anbu account - debit
to cash account - credit
Explanation :
✓ This Account is the personal account.
✓ The Account relating to the person is called personal account
✓ As by the golden rules in personal account dada ,
Debit the receiver credit the giver
✓ So need to debit Ravi Account and need to credit cash account.
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