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Accounting process- purchase A/c

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Querist : Anonymous

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Querist : Anonymous (Querist)
18 December 2010 Dear Sir/Madam

What entry would the customer pass when he accepts the goods on purchased on approval basis?
(a) Dr.Purchase a/c & Cr. Supplier a/c
(b) Dr. Purchase a/c & Cr. purchaase on approval basis
(c) Dr. purchase a/c &cr. Suspense a/c
(d) No Entry

Please tell which is the answer?
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CA Shailesh Kumar Bhagat

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CA Shailesh Kumar Bhagat (Expert)
19 December 2010 (b)

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