sold some office equipment of rs 1,300 (proceeds beingreceived
as rs 700 by cheque and balance in cash) and paid the cheque
into his private bank .
what will be the journal entry
please give answer when you sure about it thanks
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Answer / chitra
Cash A/c dr 600
Drawings A/c Dr 700
To Office equipment 1300
| Is This Answer Correct ? | 17 Yes | 5 No |
Answer / mithin
bank a/c dr 700
cash a/c dr 600
to office equipment 1300
| Is This Answer Correct ? | 6 Yes | 5 No |
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