What is general entry credit purchase?
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Answer / pratik muley
PURCHASES A/C DR
TO PERSON (CREDITOR'S NAME) A/C
IF YOU PURCHASE ANYTHING YOU WANT TO CREDIT THE PURCHASER
NAME. AND DEBIT PURCHASE IN CASE OF BOUGHT ITEM FOR
SALES, OR PURCHASE OF ASSET YOU NEED TO RECORD ASSET'S NAME
(MACHINERY, BUILDING0)
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / shahid raza, pgdm,l.b.s,g.noid
Purchase A/c...... Dr.
To Creditors A/c...
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / vaibhav sharma
purchase a/c dr
to sundry criditors a/c
( Being cridit purchase )
| Is This Answer Correct ? | 3 Yes | 1 No |
Answer / sony
purchase a/c ............. dr
vat a/c.............dr
to person a/c
| Is This Answer Correct ? | 2 Yes | 1 No |
Answer / nirmal
Entry:-
Purchase a/c. Dr.
To vendor/ supplier a/c
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / shilna
I have found clear explanation about cash purchase and credit purchase entry with example, follow this post
http://tallygame.com/tally-erp-9/accounting-voucher/purchase/purchase-voucher-entry-in-tally-erp-9/
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / h.r. sreepada bhagi
First of all it's not General Entry, It should be Journal Entry.
Debit Purchases A/c
Credit the Supplier's A/c
| Is This Answer Correct ? | 1 Yes | 1 No |
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