Purchased plants and machinery worth Rs.2,50,000 from ABC & co.by making immediate payment of RS.50,000 in cash
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plant and machinery a/c Dr 250000
to cash a/c 50000
to ABC &co. 200000
to cash a/c 50000
to ABC &co. 200000
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Plant & Machinery A/C. Dr. Rs 2,50,000
To Cash A/C. Rs.50,000
To ABC & Co. A/C. Rs.2,00,000
(Being plant and machinery purchased)
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