Purchased goods from Mohan and CO. for cash for rs. 4000
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Answered by
4
Answer:
Journal entry
Purchases A/c Dr 4000
To cash A/c 4000
(being purchases goods from mohan & co for cash )
Explanation:
Purchases A/c - nominal account - its expense therefore its debited
Cash A/c - real account - cash goes out therefore its credited
Answered by
2
your journal entry will be:
purchase a/c. Dr. 4000
to Mohan & co.a/c 4000
(being goods purchased from Mohan )
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