Accountancy, asked by durgagupta217, 3 months ago

What will be journal entry of paid for miscellaneous receipts
?

Answers

Answered by kaviyavvks
0

Answer:

Miscellaneous expenses belong to nominal accounts since they are expenses. Cash belongs to real account since they are assets. Accounting to golden rules of nominal accounts, all expense and loss should be debited and for real account, debit is what comes in and credit is what goes out.

Explanation:

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