4. On which side will the increase in the following accounts be recorded? Also, state the nature of the account:
(i) | Furniture A/c | (ii) | Mohan (Proprietor) |
---|---|---|---|
(iii) | Salary A/c | (iv) | Purchases A/c |
(v) | Sales A/c | (vi) | Interest Paid A/c |
(vii) | Sohan (Creditor) | (viii) | Ram (Debtor) |
T.S.Grewal/2024 Edition/Practical Problems/Q-04
For full question, please refer to the text book T.S.Grewal’s Double Entry Book Keeping-Financial Accounting, Textbook for CBSE Class XI published by Sultan Chand & Sons Pvt. Ltd.