English, asked by GUYJPUGLIA7758, 2 months ago

Withdrew for office use from bank

Answers

Answered by piyushnaikssc
0

Answer:

As per the golden rule of accounting, cash account is classified as a real account. As per the rule for a real account, we debit what comes in and credit what goes out. Hence, when the cash is withdrawn for the office use we receive cash hence, cash account is debited.

Explanation:

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