Bought goods for cash $100 to double entry system.

asked Nov 28, 2022 134k views

0 votes

Bought goods
for
cash $100
to double
entry system.

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3 votes

Answer:Purchase account Dr.$100

cash account Cr.$100

Step-by-step explanation:

Rnhmjoj answered Nov 30, 2022

6.8k points

3 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).

Tal Humy answered Dec 4, 2022

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