brought goods from stish at 4000trade discount 15% paid 16% amount emmedetly
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since, Goods are being purchased, Purchase A/c. will be debited , because as we know goods is an assets and increase in assets results Debits. Cash is being paid, (cash is an assets), which is decreasing and we know that, decrease in asset leads to Credit.
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what is your question buddy......plss explain clearly.....so that we could answer them....
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