Purchase machinery from ABC Co. Ltd. Rs.10000and paid partly payment Rs.6000. What is it's journal entry.

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ChrisHaze · Answer 1 · 2024-09-02T18:31:09+0000

Purchase machinery from ABC Co. Ltd. Rs.10000and paid partly payment Rs.6000. What is it's journal entry.

Debit Machinery Account for Rs. 10,000

Credit ABC Co. Ltd. Account for Rs. 10,000

Debit ABC Co. Ltd. Account for Rs. 6,000

Credit Cash/Bank Account for Rs. 6,000

Purchase machinery from ABC Co. Ltd. Rs.10000and paid partly payment Rs.6000. What is it's journal entry.

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Purchase machinery from ABC Co. Ltd. Rs.10000and paid partly payment Rs.6000. What is it's journal entry.​

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Purchase machinery from ABC Co. Ltd. Rs.10000and paid partly payment Rs.6000. What is it's journal entry.