purchased goods of ₹4500 and immediately issued a cheque for neccessary amount
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Answer:
Purchases a/c Dr
To Bank a/c
Explanation:
Purchases (Nominal a/c) is debited as it is an expense (Rule- Debit all expenses, credit all incomes) and Bank account (Real a/c) is credited as money is received (Rule- Debit what comes in, Credit what goes out)
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