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Credit purchase entry
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Answer / sunilkumarsuresh
Purchase a/c Dr
To Creditor's Acccount
| Is This Answer Correct ? | 16 Yes | 0 No |
Answer / jaanu
Dear Anushka you are asking question and also giving right
answer then why you are confusing, yes it is correct answer,
| Is This Answer Correct ? | 17 Yes | 2 No |
Answer / jagadish kolar
Hi both anuksha and jaanu answer is right
| Is This Answer Correct ? | 3 Yes | 2 No |
Answer / guest
purchase a/c................dr
To Party a/c
(being credit purchase from any party)
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / e. guru prasad
Purchases a/c dr
To Sundry Creditors' a/c
| Is This Answer Correct ? | 1 Yes | 4 No |
Raw Material A/c. Dr. XXX
To Sundry Creditors A/c. Cr. XXX
Note to all: Since we are receiving (any) material so it
should be debit instead of debiting Purchases .
| Is This Answer Correct ? | 1 Yes | 10 No |
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1. our co., start from 20.05.10 but at the time to till our capital invested m.d spend Rs:98000 as food,refreshment,rent guesthouse,travelling exp e.t.c., now we want to return to him (i.e) all the expenses (amount will pay may be 17.08.10, how to account it in tally for the expenses of M/D . and payment entry. I need the help
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