Accountancy, asked by rippy834, 1 year ago

journal entry purchase goods from rahul rs 9000​

Answers

Answered by yayush2003
8

Answer:

Purchase a/c Dr. 9,000

To Rahul 9,000

Explanation:

Here, purchase account is debited since we are purchasing goods.

And, Rahul's account is credited since it is not mentioned if payment was made. So, it is assumed it is a credit transaction.

Answered by ishikasen991
2

Explanation:

In the case of a cash sale, the entry is: [debit] Cash. Cash is increased, since the customer pays in cash at the point of sale. [debit] Cost of goods sold.

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