Purchase goods from Harish journal entry
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Here, we're paying harish money or cash, which is a current asset. Since, we cash if going out we are crediting cash and since we are paying harish, we credit harish's account because of the account rule which says that we should credit all incomes, therefore the money is an income for harish, so we credit it to him.
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Purchase A/C. ........Dr. To harish A/C. (Being purchase goods from harish)
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