Question

Purchase plant and machinery 230000 and paying cash 30000 immediately

Answer 1

Answer:

Journal Entry

Explanation:

Plant & Machinery A/c     Dr.        2,30,000

             To cash A/c                                       30,000

             To Creditor                                         2,00,000

( being plant and machinery purchased and 30,000 paid by cash, and remaining amount remains credit)

I hope this will help you dear...!!

Good Luck