Question

gourav purchase a machine journal

Answer 1

Purchase of Machinery by gaurav

The Current transaction affects two accounts .. Machinery account,. because Machinery is bought ...(it is a Real account; all assets and Liabilities come under Real account; Machinery is an asset) ..

Gaurav account(he is purchasing it on credit.it is a Personal account as the name suggests,)

The Three golden rules of accounting are....

Personal Account: Debit the receiver, credit the giver

Nominal account: Debit All expenses and losses, credit All incomes and gains

Real Account: Debit what comes in ,credit what goes out

In contention with the above rules...

Machinery account should be debited (it is a Real ccount/Machinery is coming ine)

Gourav account should be credited (it is a Personal account/gourav is the giver)

The Journal Entry will be....

Machinery a/c Dr 7000

To gourav a/c. 7000

(Being Machinery purchased)

Answer 2

Here is ur answer.......

The journal entry will be
Machine a/c. Dr. 8000
To Gourav. 8000
(Being machinery purchased).

Hope it's help you.......
plzzzzz mark as brainlist.........