Question

Q.5 Answer in one word/ sentence :-
1. Cash deposited into bank which account will be debit?
2. How many columns are drawn in the format of journal?
3. Which account will be credited when assets sold?
4. Returns outwards book record ?
5. Which balance showed the cash book?​

Answer 1

Answer:

ಬೆಂಗಳೂರು ಮೇ ತಿಂಗಳಲ್ಲಿ ನೆರಳು ಬೆಳಕಿನ ಆಟ ಆಡಿ ಅಂತ ಅಲ್ಲ ಎಂದು ಹೇಳಿದ್ದಾರೆ ಎಂದು ವರದಿಯಾಗಿದೆ ಈ ಬಗ್ಗೆ ಯಾವುದೇ ಪ್ರತಿಕ್ರಿಯೆ

Answer 2

ANSWER :

1. Bank Account.

• ✎ When cash deposited into bank, then Bank Account will be debited and Cash Account will be credited.

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2. Five Columns.

• ✎ Five columns are drawn jn the format of journal as Date, Particulars, Ledger Folio, Amount (Debit) and Amount (Credit).

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3. Respective Asset Account.

• ✎ When an asset is sold, respective Asset Account will be credited.

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4. Return of goods purchases on credit.

• ✎ Returns outward book, also known as Purchases returns book records the return of such goods which were purchases on credit.

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5. Debit balance.

• ✎ Debit balance is showed in the Cash book. It can not show any credit balance.