goods purchased for rs.5000 were used by the proprietor for personal purposes
journalise the following
Answers
Answered by
18
Purchase a\c dr. 5000
To cash 5000
To cash 5000
wafimubashir123:
yes
this is wrong
the journal entry will be
purchases a/c dr 5000
sorry
the entry will be
drawings a/c dr 5000
to purchases a/c 5000
oh i got it
thanks though
Answered by
6
purchase a/c Dr.. ..5000
to cash........ 5000
thanks
u to bro..
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