[Debit] Vehicle Purchased
[Credit] Cash / bank
debit equipmentcredit cash
[Debit] Purchases [Credit] cash / bank
The journal entry is as follows: [Debit] Raw material XXXX [Credit] Cash/bank XXXX
debit assetsCredit liabilitiesCredit cash
debit equipmentcredit cash
Debit software purchase accountCredit cash / bank
debit assetscredit cash / bank
Debit bookCredit cash / bank
debit household furniturecredit cash / bank
Debit purchasesCredit cash / bank
Debit purchasesCredit cash / bankno entry for trade discount and in case of cash discount:Debit purchasesCredit cash / bankcredit discount
furniture a/c dr to cash a/c