Question

journal entry of purchase goods from Dinesh 5000rs. and goods returned to Dinesh 500rs.​

Answer 1

Answer:

if goods purchased on credit :

Purchase A/c dr. 5000

To Dinesh's acc. 5000

Dinesh A/c dr. 500

To purchase return a/c. 500

Answer 2

Answer:

entry of purchase:

purchase A/c Dr.5000

to dinesh A/c.5000.

entry of purchase return:

dinesh A/c Dr. 500

to purchase return A/C.