Accountancy, asked by ankugiri212, 5 months ago

when a business man purchase goodd on cash what is to be side​

Answers

Answered by Anonymous
66

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Journal Entry

Journal Entry When you buy office supplies for your company, the purchase affects the supplies expense account (equity subaccount) and the cash account (asset). Record the purchase by increasing the supplies expense account with a debit and decreasing the cash account with a credit.

Answered by bshashank954
1

Answer:

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Explanation:

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