Question

make a journal entry of paid carriage on purchase

Answer 1

HEY....

U R ANSWER....

CARRIAGE AC DR

TO CASH AC

Answer 2

Carriage A/C            .....dr.

          To Cash A/C  .......cr.

Explanation:

• The correct journal entry for the carriage charges paid on the purchase of the machinery would be Carriage A/C to cash A/C.
• Since the carriage is part of the expense incurred on the asset, it would be debited.
• And because the cash is going out, the cash account must be credited to make the correct entry.

Learn more: Journal Entry

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