Question

purchased machinery for Rs. 22,000 pay cash of Rs. 15,000 and the balance on account

Answer 1

Answer:

balance on account is :- 7000...

Explanation:

machine a/c. Dr. 22,000

to cash a/c 15,000

to creditor a/c 7,000

(being machine purchased of rs 22,000 and pay cash of 15,000 and out of them on credit 7,000)