Accountancy, asked by khushisingh121203, 6 months ago

purchase a cycle for office use 750​

Answers

Answered by devpadippuravila
1

Answer:

is it 1.Cycle A/c - Dr.

     To Cash A/c

(Being cycle purchased for office use)

Cycle A/c and Cash A/c are real a/cs as Cycle is an asset of the business and so is Cash, so the rule of debit what comes in and credit what goes out was the rule followed here.

Explanation:

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