Question

Bought from patil nd sold to natrajan for cash

Answer 1

Purchases A/C ---------dr

               to Cash A/C

(Being goods bought from Patil)

Cash A/C -----dr

              to Sales A/c

(Being goods sold to Natrajan)

Only Cash A/C will be affected as the transactions are in cash. Had they been for credit, then the personal accounts of the respective party would be affected.