purchase stationary journal entries
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Answered by
0
Answer:
Purchase A/c Dr
To Cash A/c
Answered by
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Answer
Golden Rules of Journal
Personal account rule
Debit- The receiver.
Credit- The giver.
Real account rule
Debit- What comes in.
Credit- What goes out.
Nominal account rule
Debit- All expenses and losses.
Credit- All incomes and gains.
Now
The journal entry will be
Purchases A/c dr
To Cash A/c
(Being purchase stationary)
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