Post an accounting entry ..
Purached computer for cash rs 500
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Computer account dr. 500
To cash account 500
[Being purchased computer]
- computer is debit as according to the rule debit what comes in and in this entry computer comes in the firm so computer account is debited
- cash is credited as according to the rule debit what comes in credit what goes out and in this entry cas h goes out so the cash is credited
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