bought goods from xxx, yyy and zzz for cash. how to pass journal entry?
Answers
Answered by
3
Answer:
.........................
.....................................
Answered by
2
Purchases a/c dr
To cash a/c
Since it is is cash transactions we only calculate the amount of each supplier
If it is credit transactions then the entry will be
Purchasrs a/c dr
To xxx
To yyy
To zzz
To cash a/c
Since it is is cash transactions we only calculate the amount of each supplier
If it is credit transactions then the entry will be
Purchasrs a/c dr
To xxx
To yyy
To zzz
Similar questions
Math,
2 months ago
Art,
2 months ago
Math,
2 months ago
Computer Science,
4 months ago
English,
4 months ago
Social Sciences,
10 months ago