Answer / barodianbuddy(acca)

PURCHASE DR XX
PAYABLE S (NAME) CR XX

Answer / chku

Purchase a/c ....dr
to supplier a/c

Answer / divyagirantla1995@gmail.com

purchage accounts dr
To vender account

Answer / g.nagarjuna

Purchase a/c Dr
To seller business name
(Towards purchase of goods for credit payment)

Answer / ammu

2. Credit Purchase:-

Purchase A/c Dr.
To Party (Sundry Debtors) A/c
(Being purchase made for Credit Basis)

Answer / maruthi

credit purchase (name of person or comopeny) a/c Dr
To machinery or assets a/c

What is GR form ? what its use please give me a details of GR ?

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formula for Net profit and net loss?

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purchasing of software more than Rs.8000/- will be treated as expense or assets

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