Accountancy, asked by dragonsdragon, 1 year ago

TRANSACTION :Purchased goods from Vikram of ₹25000 and paid to him as part payment ₹10000

I want to know what will be the journal entry for the above transaction

Answers

Answered by anshikaagarwal118

1

Purchases account Dr. 25000

To Cash account 10000

To Vikram account 15000

[ being goods purchased and paid a part in cash]

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