Answer / satyaki_raju@yahoo.com

If already paid You pass a journal entry as follows
at the time of payament the entry was
Supplier account Dr
To Cash or bank a/c
(The supplier account has to be grouped under Loans and
Advances)
while passing invoice
Purchase of materials Dr
To supplier a/c

Answer / abi

here two options for accounting this

1 st option

purchase Dr
Cash/ Bank Cr

2 nd option
u have to put one jurnal

Purchase Dr
supplier cr

then pass 1 cas/bank entry

Supplier Dr
Cash / Bank

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