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any example should cover all three types of accounts in one
entry

Answers were Sorted based on User's Feedback



any example should cover all three types of accounts in one entry..

Answer / sandeep puligilla

cash paid to Ravi on discount?
Dr cr

(pesonal a/c) Ravi a/c......Dr xxxx
(real a/c) To cash a/c xxxx
(Nominal a/c) To discount a/c xxx

Is This Answer Correct ?    14 Yes 0 No

any example should cover all three types of accounts in one entry..

Answer / kunal turi

cash paid to PARTY on discount?
Dr cr

(pesonal a/c) PARTY a/c......Dr xxxx
(real a/c) To cash a/c xxxx
(Nominal a/c) To discount a/c xxx

Is This Answer Correct ?    2 Yes 0 No

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