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cash purchase of goods:
inventory (Debit) increased
Cash in Hand (Credit) decreased
with amount of total cost of Goods purchased
Wiki User
∙ 13y ago
Wiki User
∙ 9y agodebit purchases
credit cash
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What is journal entry fof purchase of goods?
Debit purchasesCredit cash / bank
What is journal entry for purchase household goods for rs 15000 in cash?
[Debit] purchased goods 15000 [Credit] cash 15000
What is purchase goods journal entry?
[Debit] Purchases xxxx [Credit] Cash/Bank/Accounts payable xxxx
What is journal entry for purshase of goods?
Debit goods purchasesCredit cash / bank
How do you record journal entry to purchase goods with trade discount?
debit goods purchased (at trade discount amount)credit cash / bank / accounts payable
What is journal entry fof purchase of goods?
Debit purchasesCredit cash / bank
What is journal entry for purchase household goods for rs 15000 in cash?
[Debit] purchased goods 15000 [Credit] cash 15000
What is the journal entry for purchase?
[Debit] Purchases xxxx [Credit] Cash / bank / goods xxxx
What is purchase goods journal entry?
[Debit] Purchases xxxx [Credit] Cash/Bank/Accounts payable xxxx
What is journal entry for purshase of goods?
Debit goods purchasesCredit cash / bank
How do you record journal entry to purchase goods with trade discount?
debit goods purchased (at trade discount amount)credit cash / bank / accounts payable
What is journal entry for equipment purchase made with cash?
debit equipmentcredit cash
What is journal entry for cash purchase?
[Debit] Purchases [Credit] cash / bank
What is journal entry of purchase of raw material on cash?
The journal entry is as follows: [Debit] Raw material XXXX [Credit] Cash/bank XXXX
Mr x purchase goods for Rs 1000 from Mr amol. pass journal entry?
debit purchases 1000credit cash 1000
What is the journal entry for purchase of a business?
debit assetsCredit liabilitiesCredit cash
What is the journal entry for cash paid against purchase of equipment?
debit equipmentcredit cash
