goods purchased from Raja 8000 and paid by cheque
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Answer:
Purchases a/c dr. 8000
To bank a/c 8000
Answered by
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Step-by-step explanation:
Rule applied is :
- Debit what comes in
- Credit what goes out.
Here, Goods are purchased so good are coming in and payment is done in cheque.
what comes in (goods/purchase account) will be debit to bank a/c (cheque)
Hence, entry is:-
Purchase a/c. Dr. 8000
To bank a/c. 8000
(being goods purchased of ₹8000 and payment done in cheque)
HØPÊ ÎT HÈLPẞ YØÜ ☃️☄️...
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