record the transaction in their journal
(vi) Bought on credit from Tata Motors, 5 Motor Cars for 8,00,000 for resale.
(vii) Received credit note from Tata Motors for One car returned to them.
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Purchases A/c Dr 8,00,000
To Tata Motors. 8,00,000
2nd entry
Tata Motors A/c Dr 1,60,000
To Purchases Return A/c 1,60,000
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