Question

What is the journal entry of bank paid utility bill of Rs.300 on behalf of the owner.​

Answer 1

Answer:

Journal Entries

Double-entry bookkeeping, in accounting, is a system of bookkeeping so named because every entry to an account requires a corresponding and opposite entry to a different account. This lesson will cover how to create journal entries from business transactions. Journal entries are the way we capture the activity of our business.

Explanation:

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