Question

bought from c.khare rs 87400​

Answer 1

Explanation:

Purchase a/c will be debited as it is an expense. Golden rules for Nominal accounts says 'Debit all expenses/losses' (refer golden rule for nominal accounts in the video above). Creditor's (Seller's) a/c will be credited as he/she is the Giver.

Answer 2

Answer:

Explanation:

Purchase A/C .............................Dr 87400

             To c.khare A/C                87400