Paid for Rent Rs.3,000 and paid by debit card journal entry
Paid for Rent Rs.3,000 and paid by debit card journal entry
In the books of Mr. Anand.
DATE | PARTICULARS | L/F | DEBIT | CREDIT |
15 | Rent A/c Dr. To Bank A/c [Being paid for rent by debit card] |
| 3,000 |
3,000 |
Paid for Rent Rs.3,000 and paid by debit card:
Rent is expense for business therefore shown on debit side [Refer Nominal Account Formula] and paid by debit card if proprietor pays by bank though it should shown as Bank account on credit side.
Edaccountancy provide free commerce accounts solution of class 11th maharashtra board.
class 11th journal entries questions
class 11 accounts journal entry questions
journal entry questions for class 11 pdf
journal entries practical problems class 11
commerce maharashtra board accountancy solutions
Comments
Post a Comment