Question

Answer in one sentence only.
Which account will be debited when Mr. Shyam has paid cash to you?

Answer 1

In the transaction, " Mr. Shyam has paid cash to you" two accounts are affected viz. personal A/c i.e., Shyam and real account i.e., cash.

As per the golden rules of accounting for real A/c - Dr. what comes in and Cr. what goes out, Cash is coming into business. So cash a/c will be debited for the given transaction.