Question

Purchased goods and piad by cheque

Answer 1

Answer:

Journal entry When goods are purchased by paying cheque. Purchase goods for Rs 2000 by paying cheque Rs 20,000. and rule of Real account is Dr what comes in and Personal A/c is Cr the giver her Purchase is debit as goods comes in the business and Bank is Cr as bank is giver of money.

Explanation:

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