JessiBraun JessiBraun
  • 23-06-2021
  • Business
contestada

What are the purchase goods for cash Rs. 12,000 and for credit Rs. 8,000 (journal entries)?

Respuesta :

PiaDeveau PiaDeveau
  • 28-06-2021

Explanation:

Journal entries

Books of (----- LTD)

Particular                             Amount            Amount

Purchase     A/c Debit         20,000

Cash            A/c Credit                                12,000

Creditor       A/c Credit                                 8,000

(Being goods purchase on cash and credit)

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