Accountancy, asked by varshakayal8458, 10 months ago

Puchase goods oncredit will?

Answers

Answered by bhavanibhavs040
1

Answer:

here is the answer for you

To purchase something with the promise that you will pay in the future.

When buying something on credit, you acquire the item immediately, but you pay for it at a later date.

journal entry is

purchase a/c.........Dr

To creditors/trade payables a/c.

Mark me as a brainliest please

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