journal entry in the columns plz help me
Answers
Answer:
1. Purchase A/c Dr.
To Harshal
2. Purchase A/c Dr.
To Dixit
See below for Answers
Explanation:
a) Purchase A/C Debit 10000
To Hansa A/C 10000
b) Purchase A/C Debit 5000
To Dixit A/C 5000
c) Purchase A/C Debit 10000
To Cash A/C 10000
d) Purchase A/C Debit 10000
To Rakesh A/C 10000
e) Hansa A/C Debit 1000
To Purchase Returns A/C 1000
f) Purchase A/C Debit 12000
To Cash A/C 12000
g) Purchase A/C Debit 1000
To Cash A/C 1000
h) Purchase A/C Debit 500
To Dixit A/C 500
i) Purchase A/C Debit 12000
To Anil A/C 12000
- Goods purchased from Hansa treated as a credit purchase.
- For a credit purchase Purchase A/C debited and creditor A/C credited.
- For a cash purchase Purchase A/C debited and cash A/C credited.
- In case of goods returned to creditors journal entry will be Creditor A/C debited and Purchase return A/C credited.