Bought goods for cash rs 15000 from prema
Answers
Answered by
0
Answer:
the journal entry follow:-
...
purchase account debit
to cash account.
Answered by
0
Answer:
Purchases A/c Dr 15000
To Cash A/c 15000
Explanation:
Whenever goods are bought the entry is always to debit purchases account. Debit what comes in is a simple rule that clears it. Cash is being paid to bring out this purchases and thus cash account is decreased by crediting it.
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