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Question 
. Expenses a/c. Dr.
To vendor a/c. Cr.

What is an impact of this transaction on business
 Question Submitted By :: Aloe
I also faced this Question!!     Rank Answer Posted By  
 
  Re: . Expenses a/c. Dr. To vendor a/c. Cr. What is an impact of this transaction on business
Answer
# 1		 It means Expenses incurred by Business on Credit. The Vendor
a/c will settle on later as per terms & condition. 
Is This Answer Correct ?    14 Yes 0 No
R. K. Mallick
 
  Re: . Expenses a/c. Dr. To vendor a/c. Cr. What is an impact of this transaction on business
Answer
# 2		 it is so simple
expence is nominal acount so it is debete
vendor is giver of product so he is credited
So above trancations states that expence is due to purchase
by vender
Ex : pen purchased on credit but vendor having due from our
side.
Purchase (pen) acount Dr
To Miss Nandini Acount 
Is This Answer Correct ?    7 Yes 2 No
Chandra Shekar
 
 
 

 
 
 
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