Question

Purchase buildings journal entry

Answer 1

Explanation:

explained by -YAMRAAJ

Answer 2

Answer:

Journal entry

Building A/c    Dr

     To cash or bank A/c  

(being building purchased)

Explanation:

Building - real account , building come in therefore its debited . plus its asset to the company therefore building account debited rather than purchases a/c

Cash A/c - real account, cash goes out therefore its credited