cash purchases rs 3600 ( journal entry)
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Answer:
purchase a/c dr.(3600)
to cash a/c (3600)
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A journal entry is a record of the various business transactions in a company's accounting records. The recording of there journal entries is the first step in an accounting cycle.
- Cash Purchase Journal Entry is the accounting entry made in the account books to document the purchasing of products by paying for them at the time of purchase.
- Thus, the journal entry will be -
Purchases A/c 3600
To Cash A/c 3600
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