Question

PURCHASED FOR CASH JOURNAL ENTRY

Answer 1

Purchase A/C. Dr.

To Cash A/C

Explanation:

because purchase A/C is real Account and cash too

Answer 2

Purchase of goods

Explanation:

                                 Books of (----Limited)

                                     Journal Entry

Date         Account Title and Explanation       Debit   Credit

                  Purchase                           A/c Dr.     xxx              

                     To Cash                         A/c Dr.                   xxx

                  (Being purchase of goods and paid from cash)

Note: Goods comes to business and cash goes out from the business so, the Printer account will be debit and cash account will be credit.

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