Accountancy, asked by utkarshsingh500500, 4 months ago

Goods Purchased for cash 5,000.

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Answered by anshboss304

being goods are purchase by the business in cash.] Business received goods hence purchase account is debited and business paid cash fir this hence cash account is credited for business.

Answered by itzHATERxx

ans.Decrease in Asset & Owner's Liability

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Goods Purchased for cash 5,000.​

Answers

Goods Purchased for cash 5,000.