Accountancy, asked by snehal57, 1 year ago

journ entries purchased goods for rs.1,500​

Answers

Answered by suprim17
0

Dr. Cr.

Purchase A/C___________Dr. 1500

To cash A/C. 1500

(Being goods purchased for cash)

Answered by PiaDeveau
0

The answer to the following question is below.

Explanation:

Given:

Goods = 1,500

                               Journal Entry

                          In the Books of (-----Ltd)

Date                        Particular                        Debit     Credit

            Purchase                       a/c   Dr.         1,500

             To cash                         a/c                               1,500

                ( Being goods purchased for cash )

In this situation Goods come into business and cash goes out from the business.

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