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Pass journal entries
Purchased goods from mr x on credit 1000
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Answer Posted / sridhar
Dear Friends, Actually the entry
Purchase A/c. Dr. XXX
To Mr.X A/c. Cr. XXX
[This entry is correct [ but here again the question is
what you purchased again we need to show ie,. either
purchase of Goods or Raw Material etc,.]]
so instead of that
Good A/c. Dr. XXX
To Mr.X A/c. Cr. XXX
(Goods coming in from Mr.X)
Please pass your comments on it to my mail ID:
s4sridhar@gmail.com
| Is This Answer Correct ? | 7 Yes | 4 No |
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