Question

Purchase goods from kuldeep for cash 2000 and credit 10000

Answer 1

Answer:

Journal Entry

Explanation:

Purchase A/c                 Dr.       3000

           To Cash A/c                                     2000

           To Kuldeep                                       1000

(Being goods purchased )

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Answer 2

Answer:

Explanation:

PURCHASE A/C DR  12,000

         TO CASH A/C               2,000

    TO KULDEEP A/C              10,000

( PURCHASE GOOD FROM

KULDEEP FOR CASH 2000

AND 10000 ON CREDIT)