purchased goods from Ram Rs.15000 and paying Rs.5000 cash and rest by cheque
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Answered by
2
Answer:
purchases account debit15000
to cash account 5000
to bank account10000
hope you will get the answer
minbist900gmailcom:
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This is not a credit transaction, ₹ 5,000 is paid in cash....
Answered by
2
Answer:
Journal Entry
Purchase A/c Dr. 15,000
To Cash A/c 5,000
To Bank A/c 10,000
( Being goods purchased from Ram and paid him ₹ 5000 cash and remaining amount is paid by issuing cheque)
Explanation:
Here, Guys don't be confused that name has been given, this is a not a credit transaction...
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