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