Question

journal entry for 1)purchased goods from miss Riya on credit rs10000. 2) paid cash to miss Riya rs9800 in full setlement of her account​

Answer 1

Answer:

1 purchases a/c ___dr 10,000

To riya a/c 10,000

2.riya a/c ____dr 10,000

To cash a/c 9800

To discount a/c 200