Question

– Bought goods from Ajay for Rs 40,000 and paid carriage Charges Rs 1,000. please tell the journal entry.

Answer 1

Answer:

The entry will be

Purchases a/c Dr. 40000

Carriage a/c. Dr. 1000

To Ajay's a/c 40000

To cash a/c. 1000

Explanation:

Ajay's account will be credited because it is a credit purchase

And the carriage is paid in cash

Answer 2

Answer:

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