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Purchases entry?

Answers were Sorted based on User's Feedback



Purchases entry?..

Answer / megha nair

purchase A/c Dr
To A A/C

Is This Answer Correct ?    5 Yes 0 No

Purchases entry?..

Answer / suvabrata sarkar

1) Purchase on credit:--
Purchase a/c .......Dr
To Supplire/Vendor a/c

2) Purchase on cash:--
Purchase a/c .......Dr
To cash a/c
3) Parchase (if mentioned goods i.e. furniture, pen etc.)
on cash
Furniture/pen a/c.......Dr
To cash a/c

Is This Answer Correct ?    5 Yes 0 No

Purchases entry?..

Answer / shiva

purchase A/C. Dr
to Supplier/Vendor A/c.

Is This Answer Correct ?    3 Yes 0 No

Purchases entry?..

Answer / preeti piplani

Purchase in cash:----
Purchase A/c Dr
To Cash/Bank
Purchase in Case of Credit:---
Puechase A/c Dr
To Creditor

Is This Answer Correct ?    2 Yes 0 No

Purchases entry?..

Answer / shreeram

purchases(goods) a/c dr
To cash a/c

(Being purchased on cash)

purchased a/c dr
To supliers a/c

(being purchased on credit)

Is This Answer Correct ?    2 Yes 0 No

Purchases entry?..

Answer / konda reddy

Purchase A/c Dr

To Supliers A/c Cr

Is This Answer Correct ?    0 Yes 0 No

Purchases entry?..

Answer / srikanth

Purchases may be cash Purchases or Credit purchases.
If you purchase the goods for cash/ bank then the entry
will be-

Purchases A/c dr
To cash / Bank A/c

If you purchase the goods on credit basis, then the entry
will be-

Purchases A/c dr
To Supplier A/c.

Is This Answer Correct ?    0 Yes 0 No

Purchases entry?..

Answer / mahendra

BY PURCHASE A/C DR. ------
TO CASH/CREDIT CR. --------

Is This Answer Correct ?    0 Yes 0 No

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