Question

what is entry in double column cash book . Dec 4 Fax machine purchased for office use​

Answer 1

This transaction will come in the credit side of the double columner cash book.

By Fax machine a/c

WHY CREDIT??

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SINCE THE GOOD IS PURCHASED AND MONEY IS GIVEN SO HERE RULE 1 APPLIES I.E DEBIT WHAT COMES IN & CREDIT WHAT GOES OUT.