Accountancy, asked by Kanikaanand, 11 months ago

journal entry for purchased computer and donated............25000​

Answers

Answered by niharika1412
1

Explanation:

here , there is no income gained but we are losing money so it should be recorded in the books of accounts.

the entry would be:

charity/donation a/c. Dr.

............ To cash a/c.

this is because we made a purchase but not for the institution but for charity and the only thing that the business knows is that its cash decreased because of some donation ..

hope it helps

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