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Accounting

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Querist : Anonymous

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Querist : Anonymous (Querist)
02 February 2013 what is the entry for credit purchase . after that payment towards that transaction by bank
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@VaibhavJ

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@VaibhavJ (Expert)
03 February 2013 Hey,

For Purchase.
.
Purchase of Goods / Service Dr..
..To Creditors A/c
.
For Payment..
Creditors A/c Dr..
..To Bank A/c..


Thanks!!
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Querist : Anonymous

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Querist : Anonymous (Querist)
03 February 2013 please exlain it
how it is
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