Question

(Purchased goods on credit from Ravi Ranjan Rs 5000)
(Paid to Ravi Ranjan by bearer cheque) what will be it's journal​

Answer 1

Answer:

purchases a/c dr. 5000

To Ravi ranjan a/c. 5000

(Being the good purchased from Ravi ranjan on credit)

Ravi ranjan a/c dr. 5000

To Bank a/c. 5000

(Being the cheque paid to raviranjan)