What is j.Entry of purchase goods from rohan for rs. 20 thousand?
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stock a/c dr. 20000
To rohan a/c 20000
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Journal entry
Purchases A/c Dr 20000
To Rohan A/c 20000
(being purchased goods from rohan on credit )
* I assumed goods purchased on credit . as question was silent , its not given purchased for cash
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If its purchased on cash
.Purchases A/c Dr 20000
To Cash A/c 20000
(purchased goods for cash )
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