Question

1.Purchased building for 10,000
2.Purchased goods for cash 3,000
3.Purchased goods on credit 2,500
4.Paid Cartage 20
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Answer 1

Answer:

1. Building A/c dr. 10,000

Cash A/c. 10,000

2. Purchase A/c. dr. 3,000

Cash A/c. 3000

3. Purchase A/c. dr. 2,500

Creditor A/c. 2,500

4. Cartage A/c. dr 20

cash A/c. 20

Explanation:

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