Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

What is the journal entry for credit purchases.

Answer Posted / s.srinu

purchases a/c -----------Dr
To Accounts payble a/c
(Being purchased goods on credit)

Is This Answer Correct ?    12 Yes 5 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what are Blue-Chip companies?

2216


What is the treatment of Capital Work in Progress as per the International Accounting Standards.

4920


Comments Elements in accounting

1810


Define `Realisation` Account? Explain the salient features?

3113


EXPAND_________SDJMC

2334


Why in a cash book receipts are debited while the same if received in our books recepits are credited. Why does cash book have a rule to debit receipts and credit payments. For example if am paying the cash that i owe the company or firm i debit in my books(cash) on the debit side and should credit in the cash book but i cant do that cash book take receipts on the debit side as per the general . please clarify many thanx in advance

2638


Sensitive field have been defined and customized for vendor master data. For which of the following sensitive fields will an update trigger dual control?(any 1 answer) Currency Account group IBAN VENDOR ACCOUNT NUMBER

2284


Can I freeze my account?

2116


what are the rules and regulations of junior accountant

2335


i have need full detail of tds rules and forms submitted dovetails

2030


proprietor pays the hotel expenses of foreign client by his icici bank credit card. and then he pays the credit card bill by canara bank current account. how to pass entries in tally for this secnario

1520


DEfine SAP

2089


do we have to learn all the shortcutkeys in tally.i am from non commerce background ,where should i start from.

2121


what is ment by master in tally?

3824


types of inventory

2214