Question

Received from Mahendra on account

Answer 1

Answer

Golden Rules of Journal

Personal account rule

Debit- The receiver.  

Credit- The giver.  

Real account rule

Debit- What comes in.  

Credit- What goes out.  

Nominal account rule

Debit- All expenses and losses.  

Credit- All incomes and gains.  

Now

The journal entry will be

Accounts Receivable A/C    DR

          To Mahendra's A/C

(Being Received from Mahendra on account)

                                                                                                                   

Answer 2

Answer:

received from mahendra on account