Question

Sold
electreal goods for rs 11000 by cheque​

Answer 1

Answer:

Bank A/C Dr. 11,000

To Electrical Goods A/C Cr. 11,000

(Being Electrical Goods sold for Cheque amounting to Rs. 11,000)

Explanation:

Rule used: Debit what comes in, Credit what goes out.

Here, a cheque is being recieved for the sale of electrical goods hence, we debit bank A/c (as cheque will be deposited to the bank) and credit the electrical goods A/c.

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