Question

journal entery of goods given free to hospital out of business Rs. 20000​

Answer 1

Answer:

purchase a/c Dr. 20000

To charity in hospital a/c. 20000

( being goods given free in hospital)

Answer 2

Answer:

charity A/c. dr. 20000

TO Purchase A/C 20000

Explanation:

(goods given in charity to hospital out of business

so charity will be debited)

( goods reduced from the stock of goods of the business

so to reduce the purchases it will be credited)

HOPE IT HELPED U!!!