Accountancy, asked by remoprabha03, 7 months ago

received cash from Kumar on account​

Answers

Answered by AnitaDash
4

Answer:

cash account Dr..

To Kumar Account....

(Being received cash from Kumar)

Explanation:

As we received cash, the asset is increased in our firm so it's Debited (Real account).

and by receiving from a customer, their amount must be deducted and it's Credited.

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