Question

Paid lipton &co by cheque for the purchase made on 4th jan

Answer 1

Answer:

Purchases a/c-------debit

To bank a/c

(Being payment made by cheque)

Explanation:

Hope it helps

Please mark me as brainliest

Answer 2

Answer: Lipton & CO A/c to Bank A/C

Explanation: Here We can see cash out flow its decreasing the Capital.