Question

Some transactions are given below. On which side of the Cash Book
would you record them? Put the tick mark in appropriate column.
S.No. Transactions Debit Side Credit Side
(i) Mukesh started business
with cash
(ii) Goods purchased for cash
(iii) Goods sold for cash
(iv) Closing cash balance
(v) Cash received from Ankur

Answer 1

Answer:

Dr side

cr side

Dr side

Dr side

cr side