Saved Bookmarks
| 1. |
Deposit in to bank 4000 |
|
Answer» golden principles of accounting . personal account rule dr- the receiver. CR- the giver. real account rule dr- what comes in. cr- what goes out. nominal account rule. dr- all expenses and losses. cr- all incomes and gains. the JOURNAL entry will be.... bank a/c dr 4000 to cash a/c 4000 ( being cash deposited in the bank). here bank a/c is DEBITED because it RECEIVED the cash.refer personal account rule. here cash a/c is credited because it is going out of the business. refer real a/c rule |
|