Question

Purchased goods from rita on 20000 how to put in journal

Answer 1

Answer:

purchase a/c....Dr. 20000

to rita a/c. 2000

explanation:

because when you purchase goods, your asset increases and you are the receiver so it has to be debited. whereas rita gives you the good and she's the giver, hence rita a/c should be credited.

Hope it's helpful for you