Accountancy, asked by Nadeemsheikh8810, 8 months ago

Purchased computer for 20000 what it is entry

Answers

Answered by itzsanjeev2494

2

Answer:

Asset Account will be debited of 20000

Explanation:

If it is cash purchase

Computer Account ...............Dr 20000

To Cash Account 20000

If it is credit purchase

Computer Account.............Dr 20000

To Creditor Account 20000

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