Accountancy, asked by KarmaAkabane4874, 1 year ago

purchase goods for ₹60,000 and paid ₹2000 for carriage

Answers

Answered by kanhaiyaavp
3
heyaa,,,
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¤ journal entry for purchase goods for ₹60,000 and paid ₹2000 for carriage will be;
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purchase a/c Dr 60,000
carriage a/c Dr 2,000
to cash a/c 62000
(bring goods purchased and spent cash for its carriage)
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here;
¤ purchase is an expense for business so it will be debited.
¤ carriage is an also expense so it also be debited.
¤ and cash is going out so it will be credited.
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hope it helps ☺☺☺
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