Question

Pass the journal entry for purchased goods for Rs.7000(Rs.2000 on credit)

Answer 1

Answer:

cash account....dr 5000

purchase account...dr 2000

To goods account

Answer 2

Answer:

cash A/c ...............dr. 5000.

purchase A/c..........dr 2000

To stock A/c. 7000

Hey mate this is ur answer......