Accountancy, asked by rk3815386, 1 month ago

salary pay to ram lal rupees 500 cash what will be the entry??​

Answers

Answered by Anonymous
3

Answer:

Ram is a Debtor, on receipt of cash from Ram, Ram's A/c would be credited, as there is a decrease in Debtors which is an asset . According to the Rules of Debit and Credit, when an asset is decreased, the asset account is credited .

Answered by CuriousRohan
43

Answer:

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