Question

rectify the following entries assuming the narrations.
april 1
purchases a/c.... dr. 40000 cartage a/c..... dr. 2000
To cash a/c 42000
(machinery purchased for cash and cartage paid in cash)​

Answer 1

Answer:

MACHINERY A/C DR 42000

TO CARTAGE 2000

TO PURCHASES A/C 40000

Explanation: