Received goods from mohan as per our order dated 5th Feb and settled his account
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Answer:
correct journal entry is.
Mohan a/c is personal a/c and Good a/c is real a/c
the golden rule of journal entry
for real a/c
debit what comes in
credit what goes out
for personal a/c
debit the receiver
credit the giver
Explanation:
on 5th Feb
purchase a/c .........Dr.
To Mohan a/c
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