1.

Journal entries- X purchased goods from y Rs.40,000

Answer»

ong>Answer:

In the books of X

PURCHASE A/c. Dr 40,000

To CASH A/c. CR 40,000

Being GOODS purchased for cash.

In the books of y ..

Cash. A/c Dr 40,000

To goods A/c Cr 40,000

Being goods sold away for cash.



Discussion

No Comment Found

Related InterviewSolutions