Accountancy, asked by anshulb2003, 4 months ago

issued cheque for cash purchases meaning ? with journal entries ​

Answers

Answered by ItzMrVinay
4

Answer:

Explanation:

Is cash paid to Mohan RS9800 in full settlement journal entries? ... Cash Purchase by Cheque …… lol …. if i understand correctly you are purchasing ... and thus this means a decrease in liability which is recorded with a Debit (Dr) entry. ... This stage indicates that you gave taken delivery of the goods and issued a cheque.

13 answers

 

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2 votes:  

The key here lies on what inventory system you’re using because it has

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