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Goods costing Rs 1500 given as …

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Goods costing Rs 1500 given as charity ............. What will be the journal entry and please explain !?

    • Posted by Rishav Shaw 6 years, 5 months ago

    CBSE > Class 11 > Accountancy
    • 2 answers

    Rishav Shaw 6 years, 5 months ago

    But its written Charity A/C dr to purchases a/c..... Why is it sooo!???

    0Thank You

    Khushi Paliwal 6 years, 5 months ago

    Charity a/c dr To cash Because it is expense and according to golden rule 2. Nominal all expenses comes in debit

    1Thank You

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