Accountancy, asked by tanuja61, 6 months ago

prepare a compound entry with the help of imaginery figures and show its posting​

Answers

Answered by agarwalmahak27
1

Explanation:

Let the entry be:-

Mohan purchased goods worth Rs.60,000 and paid half the amount in cash and rest by cheque.

Journal Entry:-

Purchases a/c Dr. 60,000

To Cash a/c 30,000

To Bank a/c 30,000

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