Question

Bought goods from Sagar for ` 40,000 by cheque and paid ` 50 for carriage.Journal Entry of this

Answer 1

Answer:

Journal Entry

Explanation:

Purchase A/c              40,000

Carriage A/c                       50

         To Bank A/c                         40,000

         To Cash A/c                                 50

( being goods purchased from Sagar and paid by cheque )