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Purchase a goods from venkat for cash,it should be credited to
Whom

Answer Posted / srikanth.g

if it is credit purchase then entry will be

purchase a/c Dr XXXXXX
To Venkat & co a/c XXXXX

if it is cash purchase

then it is a payment voucher

venkat a/c Dr XXXXXX
To cash a/c XXXXX

Is This Answer Correct ?    3 Yes 1 No



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