Accountancy, asked by mehuliscool1, 1 year ago

how do we record this in journal machinary purchased from kamat Rs.5000

Answers

Answered by wajahatkincsem
0
                                          JOURNAL ENTRY

We will record this transaction in journal by debiting machinery and crediting kamat by 5000 Rs.
  
                          MACHINERY (Dr)           5000
                                         KAMAT (Cr)           5000

Thanks for asking. Hope it helps you!
Answered by yssatardekar20
5

Answer:

We will record this transaction in journal

by debiting machinery and crediting

kamat by 5000 Rs.

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