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Bought goods for cash $100 to double entry system.
514,575 views
24 votes
24 votes
Bought goods
for
cash $100
to double
entry system.

User Hignesh Hirani
by
3.2k points

2 Answers

22 votes
22 votes

Answer:Purchase account Dr.$100

cash account Cr.$100

Step-by-step explanation:

User AnasSafi
by
3.3k points
22 votes
22 votes
Purchases account is going to increase on the credit side and the cash account is going to decrease ( to be written on the credit side).
User Anuj TBE
by
2.8k points
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