Question

Give journal entries:-
1.Purchased goods on credit from dina pathak 25000
2.cash paid to dina pathak 16600 and discount earned 400

Answer 1

Answer:

1. purchase A/c.......Dr 25000

Dina A/c.. 25000

2.cash A/c.............Dr 16600

Discount A/C...Dr 400

To Dina A/c 17000