Computer Science, asked by Ghoshakash9861, 1 year ago

Purchased Goods From For Rs.14,000.

Answers

Answered by Anonymous
1

Purchases A/c. Dr......

To Mohan A/c

[Being good purchased

from Mohan]

You have to mention the name.....

Hope it helps you ✌️


monalibanerjee: Hello mate will you please help me again
Answered by monalibanerjee
0

Answer:

Golden principles of accounting

Personal account rule

Debit- the receiver.

Credit- the giver.

Real account rule

Debit- what comes in.

Credit- what goes out.

Nominal account rule.

Debit- all expenses and losses.

Credit- all incomes and gains.

Now

The entry will be

Purchases A/c.    Dr

     To Ram's A/c

[Good purchased from Ram]

You must mention the name in your question

Hope it helps you

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