Credit Purchase entry

Question Posted / pallavi

Answers were Sorted based on User's Feedback

Credit Purchase entry..

Answer / yogesh

purchase a/c Dr
To Accounts payble
(cerdit purchase )

Is This Answer Correct ?

6 Yes

12 No

Credit Purchase entry..

Answer / chandu

purchase a/c dr
to accounts payable a/c

Is This Answer Correct ?

7 Yes

14 No

More Accounting AllOther Interview Questions

what is sales life cycle???

What is Risk Assessment?

WHAT IS THE JOURNAL ENTRY FOR PURCHASE RETURNS IN THE BOOKS OF PURCHASER & SELLER

one question dr mean debit cr mean credit but cr full form credit but dr full form debit that mean debit not word dr what the answer

Short answer on Amalgamation

what is accounting standard?

Expand-------TCSM

How the Basic salary will be fix for an employee?

where does preliminary expenses put in the balance sheet?

What is the difference between Balance Sheet , Chart Of Accounts and trial Balance?

• What is LIFO & FIFO?

what is meant by cost accounting? How it is different from financial accounting

For more Accounting AllOther Interview Questions Click Here