Question

Show simple and compound entries for the following :


2011 Aug 5 Goods Purchased for cash Rs 5,000.
Goods Purchased from Dungarmal Rs 10,000.

Answer 1

1. purchases account ....Dr(Rs 5000)   to cash account Cr (Rs 5000)                                                      2. purchases account....Dr(Rs 10,000)   to cash account ...Cr(10,000)

Answer 2

Hey mate ✌️✌️


>Purchase A/c..........................Dr...5000
..........To cash A/c...5000



>Purchase A/c......................Dr...10000
...........To cash A/c...10000