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Pass journal entries
Purchased goods from mr x on credit 1000

Answers were Sorted based on User's Feedback



Pass journal entries Purchased goods from mr x on credit 1000..

Answer / guest

PURCHASE A/C DR 1000
TO Mr x a/c 1000
(being goods purchased from mr x on cerdit)

Is This Answer Correct ?    176 Yes 8 No

Pass journal entries Purchased goods from mr x on credit 1000..

Answer / mohd swalin

purchase a/c dr 1000
to mr x a/c 1000

Is This Answer Correct ?    67 Yes 14 No

Pass journal entries Purchased goods from mr x on credit 1000..

Answer / s. vijaya kumar

Parchase of Goods A/c Dr. 1000
To Mr.X A/c 1000
( Being Goods purchased from Mr. X on credit Rs.1000)

Is This Answer Correct ?    42 Yes 4 No

Pass journal entries Purchased goods from mr x on credit 1000..

Answer / sushil

purchese a/c dr 1000
to mr x 1000

Is This Answer Correct ?    30 Yes 8 No

Pass journal entries Purchased goods from mr x on credit 1000..

Answer / manu kant goel

Purchase a/c Dr.
To Mr. X

Is This Answer Correct ?    20 Yes 2 No

Pass journal entries Purchased goods from mr x on credit 1000..

Answer / anusha

Purchases are treated as expenses.
Expenses - nominal account -debit all expenses
so purchases account is debit.

Mr.X is an creditor because company owes to mr.x
mr.x - oersonal account- credit the benifit giver
so mr.x account is credit

Is This Answer Correct ?    19 Yes 3 No

Pass journal entries Purchased goods from mr x on credit 1000..

Answer / raghvendra pratap singh

purachase a/c dr.
to mr.x

Is This Answer Correct ?    16 Yes 1 No

Pass journal entries Purchased goods from mr x on credit 1000..

Answer / manu kant

Purchase A/c Dr. 1000
To Mr. X 1000

Is This Answer Correct ?    14 Yes 0 No

Pass journal entries Purchased goods from mr x on credit 1000..

Answer / dayakarreddy

purchase a/c Dr 1000
To Mr X a/c 1000

(being Goods Purchasing from Mr x on credit)

Is This Answer Correct ?    10 Yes 2 No

Pass journal entries Purchased goods from mr x on credit 1000..

Answer / gowthamthiru

Purchase A/c "Dr" Rs.1000

To Mr. x A/c Rs. 1000

Is This Answer Correct ?    9 Yes 1 No

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