Purchased good for Rs. 10000
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Answered by
2
Answer: purchased a/c dB
To Bank a/c.
Explanations because we purchased a good on Cash and according to. Golden rule debit what's come in credit what's goes out
Answered by
1
Answer:
purchases of goods means :
the purchases account will increase
while he bank/cash account will decrease
hence debit the purchases account with 10000
and credit the bank account with 10000
recall that debit means : receiving
credit means : giving
hope this helps
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