Question

Bought of hari journal entry

Answer 1

Hey Mate✌️✌️


Journal Entry ⏬⏬⏬


Purchase A/c.................Dr..
........To Hari...

Answer 2

Purchase A/c $\bold{\Rightarrow}$ Dr

$\bold{\Rightarrow}$ To Hari

Explanation:

Journal generally means a daily record. Journal entry can be said as the manual expense and income manager of a business firm or company or for a individual. The following are some of the steps to record a transaction in a journal entry,

• Initially we have to analyze the transactions.
• Identify the accounts that gets affected by the transaction.
• Evaluate the nature of accounts that are included as personal, real or nominal.
• Determine the rule of debit or credit applicable.
• Ascertain the account to be debited and the account to be credited. (Debit the receiver and credit the giver)
• Post the transactions.

Learn more on journal entry:

Balance due from Aparna rs 60,000 do journal entry of this statement

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Pass journal entry :

Commission received 18000

Interest received 12000

Cash received from laxman

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