answersLogoWhite

0


Best Answer

purchase a/c Dr

To Customer Name

(Being Credit Purchase to C ' Name Rs)

User Avatar

Wiki User

11y ago
This answer is:
User Avatar
More answers
User Avatar

Wiki User

9y ago

debit purchases
credit Accounts Payable

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is the journal entry for credit purchases?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is the journal entry for purchase returns?

[Debit] Purchase Return [Credit] Purchases


What is journal entry for cash purchase?

[Debit] Purchases [Credit] cash / bank


What is the journal entry of credit purchase?

[Debit] Purchases account [Credit] Accounts Payable


What is the Journal entry for purchase on credit?

entry for credit purchases isPurchases a/c drTo crediters a/c


What is the journal entry for partial cash and credit payments?

[Debit] Purchases [credit] Cash (partial) [credit] accounts payable (balance)


What is the journal entry for purchase?

[Debit] Purchases xxxx [Credit] Cash / bank / goods xxxx


Journal entry for credit purchase?

[Debit] Purchases[Credit] Accounts payable


What is the journal entry for center purchase on credit with cst?

Purchases xxxxx To Accounts Payable(cst) xxxxx


What is the journal entry for bought goods for cash?

[Debit] Purchases xxxx [Credit] Cash / bank xxxx


What is the journal entry for a purchase purchased on account of 54780?

Purchase Credit Journal Entry is the journal entry passed by the company in the purchase journal of the date when the company purchases any inventory from the third party on the terms of credit. The purchases account will be debited. The creditor’s account or account payable account will be credited to the company’s books of accounts. visit our page : ieqsgroup .com/about-us


What is purchase goods journal entry?

[Debit] Purchases xxxx [Credit] Cash/Bank/Accounts payable xxxx


What journal entry goods taken away by the owner?

[Debit] Drawings account xxxx [Credit] Purchases account xxxx