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LenaWriter [7]
2 years ago
5

Purchase goods from Krishna for RS.10000 journal​

Business
1 answer:
Brums [2.3K]2 years ago
5 0

Explanation:

Credit purchase : When goods are purchased on credit , cash does not go out , but supplier or creditor becomes the giver. Therefore , goods or purchases account is debited and supplier or creditor account is credited.

~See the attached picture !

Hope I helped !

Have a wonderful day / night !

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Answer:

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2 years ago
Five thousand bonds with a face value of $1000 each, are sold at 110. The entry to record the issuance is
Contact [7]

Answer:

Date, bonds sold at a premium

Dr Cash 5,500,000

    Cr Bonds payable 5,000,000

    Cr Premium on bonds payable 500,000

Explanation:

The total face value of the bonds is $1,000 x 5,000 bonds = $5,000,000

since the bonds were sold at 110, their price was $5,000,000 x 110% = $5,500,000

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4 0
3 years ago
27. You want to have $1 million in your savings account when you retire. You plan on investing a single lump sum today to fund t
Serjik [45]

Answer:A and C

Explanation:

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2 years ago
In the _________________strategic focus, firms use their proactive environmental commitments in an attempt to differentiate thei
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Answer:

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2 years ago
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charle [14.2K]

Answer:

True

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4 0
2 years ago
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