Question

Pls solve Q no. 10A's 2nd question...
It's very emergency... I've to submit tomorrow

Answer 1

hey mate the journal for this will be

purchase a/c dr 5,000
to Satish a/c. 5,000
( being goods purchased from Satish)

we have written it as purchase because he is a supplier and from him the business had purchased n payment is still to be made.