Question

Murthy bought goods journal entry

Answer 1

Answer:

purchase..dr

To cash a/c

Answer 2

The answer to the following question is given below

Explanation:

Case.1 If Murthy buys goods in cash.

Date         Particular                                       Debit    Credit  

           Purchase            a/c         Dr                xx

           To Cash              a/c                                            xx

        (Being goods purchased for cash by Murthy)

Case.2 If Murthy buys goods in credit.

Date         Particular                                       Debit    Credit  

          Purchase            a/c         Dr                xx

           To Accounts payable            a/c                          xx

        (Being goods purchased for credit by Murthy)

NOTE: These entries have been made in the books of Murthy.