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What is the journal entry for a cash purchase?

Anonymous

∙ 17y ago

Updated: 4/28/2022

Debit Asset a/c if asset a/c is bought and credit Cash a/c OR if these are sundry supplies debit that head and credit cash acct

Wiki User

∙ 17y ago

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What is journal entry for cash purchase?

[Debit] Purchases [Credit] cash / bank

Mr x purchase goods for Rs 1000 from Mr amol. pass journal entry?

debit purchases 1000credit cash 1000

What is the journal entry when vacation is paid.?

Debit vacation expensesCredit cash / bank

What is the journal entry to pay the interest on a loan?

Debit interest on loanCredit cash / bank

What is the journal entry for a sales return?

[debit] sales returnscredit cash / accounts receivable

Related Questions

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Debit software purchase accountCredit cash / bank

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Debit bookCredit cash / bank

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