Rs.8000 received from Kareem who purchased goods from us (journal entry )..
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Answer: Cash a/c. Dr..... 8000
To karim's a/c 8000
( Being cash received from Karim )
Explanation:
Note: Karim purchases is sale for us and he purchases on credit so on those time we made entry Karim a/c Dr... 8000
To sales. 8000
Being the goods sale to Karim on credit )
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