Accountancy, asked by reshmarajureppa, 1 year ago

Purchase goods paid by cheque

Answers

Answered by SmãrtyMohït
274
❤❤❤here is your answer ✌ ✌ ✌ ✌

➡purchase a/c Dr.

➡➡To bank a/c.
Answered by ArunSivaPrakash
4

Purchase A/C       Dr

    To bank

(Being goods purchased by cheque)

  • Journal keeps a detailed record of all the financial transactions of the business.
  • One can maintain a journal in two ways namely double entry method for single entry method.
  • The basic purpose of a journal is to record all the financial transactions. It is the basic book where all the financial records are kept for future purposes.  
  • These transactions are then recorded in the official accounting records known as the ledger account.

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