Accountancy, asked by nikhilsingh8826, 7 months ago

which account is debited in the following statement (a) rent paid and purchased goods from nitin​

Answers

Answered by niranjanasinha990
1

Answer:

Here rent is debited because it is an expense. Cash is credited because as cash is real account, it debuts what comes in and credits what goes out. Purchases is a nominal account. So once again debit all expenses.

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