Accountancy, asked by tani69, 1 year ago

rs. 1000 being purchases return were posted to debit of purchase account​


tani69: please help me with this question!!guys

Answers

Answered by khushi5947
18

Answer:

cash. ac. dr. 2000

To p/r. ac 1000

To purchase ac. 1000

Answered by sachinksharma123
1

Answer:

The above answer is wrong

we will be making use of suspense account here

Suspense Ac Dr 2000

To Purchases. 1000

To Purchases Return. 1000

Explanation

Purchases was debited by 1000 to nullify it as it is the wrong account, we credit it by 1000 and purchase return always gets credited so here it is credited by 1000

We do not which account to write in debit so we write suspense account

Pls mark me brainiest

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