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Purchase goods from Krishna for RS.10000 journal


asked
User Petagaye
by
8.5k points

1 Answer

2 votes

Step-by-step explanation:

Credit purchase : When goods are purchased on credit , cash does not go out , but supplier or creditor becomes the giver. Therefore , goods or purchases account is debited and supplier or creditor account is credited.

~See the attached picture !

Hope I helped !

Have a wonderful day / night !

Purchase goods from Krishna for RS.10000 journal ​-example-1
answered
User Scottshepard
by
8.5k points
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