Bought good of Ram give journal entry
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^_^
Purchase @/c.. Dr.
.... To Ram
[ being goods purchase on credit.] °°
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Note..-- Nature of purchase account is debited hence if goods purchase by business, debit will be increase so, purchase account is debited..
Nature of creditor is credit hence Ram is a creditor for business because business has to pay some amount to ram ie creditor in account of purchasing goods...
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Purchase @/c.. Dr.
.... To Ram
[ being goods purchase on credit.] °°
⭐⭐⭐⭐⭐⭐
⭐⭐⭐⭐⭐⭐
Note..-- Nature of purchase account is debited hence if goods purchase by business, debit will be increase so, purchase account is debited..
Nature of creditor is credit hence Ram is a creditor for business because business has to pay some amount to ram ie creditor in account of purchasing goods...
⭐‼⭐‼⭐
Answered by
1
Purchases A/C. Dr. Rs.xxx To Ram A/C. Rs.xxx (Being goods purchased from Ram)
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