Question

8. Bought goods from Bilal and Friends Rs. 1,000 and by cash from XYZ Co. Rs 2,000.​

Answer 1

Answer:

1) purchases A/c..............Dr. 1000

To B and friends 1000

2) purchases A/c........ Dr. 2000

To cash 2000

Explanation:

first is a credit purchase so we'll mention the name of creditors but on the other hand second is a cash purchase so cash account credited.