journal entry purchase goods from rahul rs 9000
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Answered by
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
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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