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general entry for credit purchases, credit sales, golden
rules of accounting,what is contribution.

Answer Posted / anurag

purches account dr
to sales account
,
sales account credit to ramesh account,
debid what comes,credit what goes out.
debid the giver,credit the reciver.
debid all loss and expences,cradit all incom and gain

Is This Answer Correct ?    1 Yes 3 No



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