Question

Purchased goods worth ₹ 3,000 from Hema and settled her account by paying ₹ 7,900

Answer 1

Explanation:

Purchased goods from Hema indicates that it is purchased on credit from her. So the entry will be:

Purchase A/c Dr.

To Hema A/c

( Purchased goods on credit from Hema)

While settling

Cash A/c Dr

Discount A/c Dr

To Hema A/c

(settled Hema A/c)

NOTE : The amount mentioned in the question is not mentioned correctly in the question or it might be due to the question asked is half of it.

But this is the necessary Journal entry for it. The amount is to be declared by you after verifying the question.