Question

purchased printer for cash journal entry

Answer 1

printer is purchase by the business.. and the cash is goes out from the business..

So the journal entry will be - -

Printer a/c dr..


.. . To cash a/c


( being cash paid on purchasing printer )


✨^_^❤

Answer 2

Purchase of printer

Explanation:

                                 Books of (----Limited)

                                     Journal Entry

Date         Account Title and Explanation       Debit   Credit

                  Printer                               A/c Dr.     xxx              

                     To Cash                         A/c Dr.                   xxx

                  (Being purchase of a printer and paid from cash)

Note: Printer comes to business and cash goes out from the business so, the Printer account will be debit and cash account will be credit.

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