XI Accounting Rule 13 Purchase Credit Or Credit Purchase

XI Accounting Rule 13 Purchase Credit Or Credit Purchase
25 Dec 2018 Purchased a typewriter on credit Rs.2,000.
25 dec 2018 bought furniture on account  Rs.2,000.
25 Dec 2018 Purchased merchandise on credit Rs.2,000.
25 Dec 2018 Purchased merchandise from Khalid Rs.2,000.
25 Dec 2018 Purchased goods on account for Rs.2,000.
25 Dec 2018 Purchased office supplies for Rs.2,000 on account.
25 Dec 2018 Purchase merchandise on account from Rana & Co. for Rs.2,000.
25 Dec 2018 Purchased office equipment on account for Rs.2,000.
25 Dec 2018 Purchased merchandise on account from Naim & Co. for Rs.2,000.
XI Accounting Rule 13 Purchase Credit Or Credit Purchase www.biek.pk

25 dec 2018 Purchased a typewriter on credit Rs.2,000.

Date
Particular
P/R
Debit
Credit
2018
dec  25

Equipment
      Account payable
To record Purchased a typewriter on credit


2000


2000

25 dec 2018 bought furniture on account  Rs.2,000.

Date
Particular
P/R
Debit
Credit
2018
dec  25

Furniture
      Account payable
To record Purchased a furniture on credit


2000


2000


25 dec 2018 Purchased merchandise on credit Rs.2,000.

Date
Particular
P/R
Debit
Credit
2018
dec  25

Purchases
      Account payable
To record Purchased goods on credit


2000


2000


25 dec 2018 Purchased merchandise from Khalid Rs.2,000.

Date
Particular
P/R
Debit
Credit
2018
dec  25

Purchases
      Account payable
To record Purchased goods on credit


2000


2000



25 dec 2018 Purchased goods on account for Rs.2,000.
Date
Particular
P/R
Debit
Credit
2018
dec  25

Purchases
      Account payable
To record Purchased goods on credit


2000


2000

25 dec 2018 Purchased office supplies for Rs.2,000 on account.
Date
Particular
P/R
Debit
Credit
2018
dec  25

Office supplies
      Account payable
To record Purchased supplies on credit


2000


2000


25 dec 2018 Purchase merchandise on account from Rana & Co. for Rs.2,000.
Date
Particular
P/R
Debit
Credit
2018
dec  25

Purchases
      Account payable
To record Purchased goods on credit


2000


2000



25 dec 2018 Purchased office equipment on account for Rs.2,000.
Date
Particular
P/R
Debit
Credit
2018
dec  25

Office Equipment
      Account payable
To record Purchased equipment on credit


2000


2000



25 dec 2018 Purchased merchandise on account from Naim & Co. for Rs.2,000.

Date
Particular
P/R
Debit
Credit
2018
dec  25

Purchases
      Account payable
To record Purchased goods on credit


2000


2000



26 dec 218 Purchased merchandise for cash Rs.10,000 and on credit Rs.15,000.

Date
Particular
P/R
Debit
Credit
2018
dec  26

Purchases
      Cash
      Account payable
To record Purchased goods on cash & credit


25000


10,000
15,000


26 dec 218  Purchased merchandise for cash Rs.5,000 and on Account Rs.10,000
.
Date
Particular
P/R
Debit
Credit
2018
dec  26

Purchases
      Cash
      Account payable
To record Purchased goods on cash & credit


15000


  5,000
10,000

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rule 03 Sold on cash

Rule 04 Purchase Merchandise 


Rule 05 Sold Merchandise


Rule 06 Prepaid


Rule 07 Received advance Or Unearned




26 dec 218  Purchased Furniture for cash Rs.100,000 and from MA & A  on credit Rs.50,000

Date
Particular
P/R
Debit
Credit
2018
dec  26

Furniture
      Cash
      Account payable
To record Purchased furniture on cash & credit


150,000


100,000
50,000

26 dec 218  Purchased Building Rs 200,000 for cash Rs.150,000 and from MA & A  on credit Rs.50,000

Date
Particular
P/R
Debit
Credit
2018
dec  26

Building
      Cash
      Account payable
To record Purchased building on cash & credit


200,000


150,000
  50,000

Purchased merchandise rs 250,000 , cash paid 150,000 and balance on credit 

Date
Particular
P/R
Debit
Credit
2018
dec  26

Purchases
      Cash
      Account payable
To record Purchased goods on cash & credit


250,000


150,000
 100,000

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