Accountancy, asked by ajishapullishery, 16 days ago

parchesed goods for cash ₹10. 000

Answers

Answered by ashokfarsanmart

Answer:

What would be the Journal Entry for Purchase of goods amounting to Rs. 10,000 in Cash ? Explanation: Since Purchase of goods is an expense, so, Purchases A/c would be debited, because according to the Rules of Debit and Credit, an expense A/c is debited .

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