Question

Sold goods for cash rs 20000 qnd paid half the proceeds into bank

Answer 1

Explanation:

Here, Goods and cash are the assets so they are debit balance. At first she is selling the goods.so,

Cash book A/C - Dr

Assets/stock A/C - Cr

Now she is depositing the half money to bank. so,

Bank A/C - Dr

cash book A/C - Cr