purchase goods from sohan for cash . what is it entry
Answers
Answered by
9
Answer:
Purchases A/c Dr
To Cash
(Purchased goods from Sohan for cash)
Explanation:
Since this is a cash transaction, Sohan's Account is not debited. As there is involvement of cash in this transaction, Cash Account is credited by Purchases Account.
pinder28:
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Answered by
5
Answer:Purchases A/c Dr
To Cash
(Purchased goods from Sohan for cash)
Explanation:
Since this is a cash transaction, Sohan's Account is not debited. As there is involvement of cash in this transaction, Cash Account is credited by Purchases Account.
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