Accountancy, asked by vishal996513, 10 months ago

purched goods in cash 2000​

Answers

Answered by saurabhrawat48
4

Answer:

Purchases A/C dr

50000

To cash A/C

20000

To creditor A/C

30000

(Being goods purchased on cash and credit)

Answered by sujiritha95
1

Answer:

Journal entry

Purchases A/c  Dr   2000

         To cash A/c                  2000

(Being purchases made in cash )

Explanation:

Reasons for debit and credit as per golden rules

Purchases A/c - nominal account , where its expenses to the company therefore its debited

Cash A/c - real account , where cash goes out of the company therefore its credited

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