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how to pass journal entry when cash received in the form of
gold or other form?
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Answer Posted / ca mohit bhatia
Gold A/c Dr.
To Debtor A/c
Since I am assuming that you have received the payment in
form of gold rather than cash.
When you will sell the gold and realize the cash, entry will be
Cash A/c Dr.
To Gold A/c
| Is This Answer Correct ? | 9 Yes | 0 No |
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