Purchase office machine and paid by cheque Rs 20000
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Answered by
3
Answer:
Machinery a/c. Dr. 20000
To Bank a/c. 20000
Answered by
2
Answer:Machinery A/C ________ Dr.
To Bank A/C
Explanation: Why? Because business is purchasing a machine. It does not matter if it is office machine or a machine. Office is also counted as business. And cheque means the money drawn by bank. So, the entry becomes
Machinery A/C ________ Dr.
To Bank A/C
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