Purchased goods from Radhika Rs. 15,000 paying Rs. 5,000 cash and rest by cheque (Journal Entry)
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purchase a/c Dr 15000
to cash a/c. 5000
to bank a/c 10000
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Answer:
Purchase A/c Dr 15000
To Cash A/c 5000
To Bank A/c 10000
Explanation:
Purchase is type of a nominal account where all expenses are debited and whenever payment is made through cash or bank it is always credited as Dr what comes in credit what goes out.
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