Question

purchased a cycle for office use rs. 750

Answer 1

Journal Entry :

Cycle A/C. Dr. Rs.750

To Cash A/C. Rs.750

(Being cycle purchased for office use)

Explanation :

Cycle is an asset to the business. Hence, debited.

Cash balance decreases . Hence credited.

Answer 2

here is your answer

cycle a/c dr 750

to cash a/c 750

(being cycle bought for cash)