What is the journal entry for credit purchases.
Answers were Sorted based on User's Feedback
Answer / guruprasad
Hi,
Purchase A/c Dr.
To. Party (Sundry Creditor's) A/c
(Being credit purchase accounted)
Is This Answer Correct ? | 81 Yes | 5 No |
Answer / chari
Purchases A/c Dr
To Sundry creditors A/c
(Being goods purchase on credit bases)
Is This Answer Correct ? | 43 Yes | 12 No |
Answer / manish vatsaya
Purchase A/c--------------Dr.
To, Sundry Creditors
(Being purchase goods)
Is This Answer Correct ? | 21 Yes | 5 No |
Answer / s.srinu
purchases a/c -----------Dr
To Accounts payble a/c
(Being purchased goods on credit)
Is This Answer Correct ? | 12 Yes | 5 No |
Answer / durgaprasad.k
Purchases A/c....Dr
To Sundry Creditors A/c
(Being Credit purchased made)
Is This Answer Correct ? | 7 Yes | 2 No |
Answer / gowri s
Purchase A/C Dr
To Sundry Creditors or
Vendors A/C
(Being Credit Purchased of goods)
Is This Answer Correct ? | 4 Yes | 0 No |
Answer / chandu
purchse a/c.............dr
to sundry creditors
( being the credit purchased )
Is This Answer Correct ? | 4 Yes | 1 No |
Answer / hemanta behera(max newyork lif
purchases A/C Dr
To all credit party
Naration-(Being credit purchase)
Is This Answer Correct ? | 2 Yes | 2 No |
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