Why a purchases account is opened when we buy goods instead of a 'goods' account (like when we buy machinery a machinery account is opened)
Answers
Answered by
1
Purchase are of stocks that why they are included in purchase while machinery account is fixed assets account
Answered by
0
Answer:
because the purchas e accounts is opened when we buy goodds instead of a goods account like when we buy machinery a account is opened
Similar questions
Chemistry,
3 months ago
History,
3 months ago
English,
3 months ago
Psychology,
6 months ago
Math,
6 months ago
Political Science,
10 months ago
Chemistry,
10 months ago
Biology,
10 months ago