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Enter the following transaction in the purchase journal book of 2017 Aug 1 bought goods from sudeep Rs 7500, Aug 5 purchased goods from vinay stores Rs 5000 , Aug 10 bought goods from suresh Rs 7000, Aug 20 purchased goods from Ravi for cash Rs 6000, Aug 27 pavan supplied goods to us Rs 8000?
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Enter the following transaction in the purchase journal book of 2017 A...
August 1: Bought goods from Sudeep for Rs 7500
On August 1, we made a purchase of goods from Sudeep for a total cost of Rs 7500. This transaction is recorded in the purchase journal book to keep a track of all purchases made by the company.
August 5: Purchased goods from Vinay Stores for Rs 5000
Another purchase was made on August 5, where we bought goods from Vinay Stores for a total cost of Rs 5000. This transaction is also recorded in the purchase journal book.
August 10: Bought goods from Suresh for Rs 7000
On August 10, we purchased goods from Suresh for a total cost of Rs 7000. This transaction is recorded in the purchase journal book as well.
August 20: Purchased goods from Ravi for cash Rs 6000
A cash purchase of goods was made on August 20 from Ravi, where we bought goods for a total cost of Rs 6000. This transaction is recorded in the purchase journal book as it helps in maintaining an accurate record of all purchases made by the company.
August 27: Pavan supplied goods to us for Rs 8000
On August 27, we received a supply of goods from Pavan with a total value of Rs 8000. This transaction is recorded in the purchase journal book as it helps in tracking all the goods received by the company.
Summary:
- August 1: Bought goods from Sudeep for Rs 7500
- August 5: Purchased goods from Vinay Stores for Rs 5000
- August 10: Bought goods from Suresh for Rs 7000
- August 20: Purchased goods from Ravi for cash Rs 6000
- August 27: Pavan supplied goods to us for Rs 8000
The purchase journal book serves as a comprehensive record of all purchases made by the company. It helps in maintaining accurate financial records and provides necessary information for inventory management, supplier analysis, and cost control. By recording each purchase transaction, the company can easily track its expenses, identify trends, and make informed business decisions.
On August 1, we made a purchase of goods from Sudeep for a total cost of Rs 7500. This transaction is recorded in the purchase journal book to keep a track of all purchases made by the company.
August 5: Purchased goods from Vinay Stores for Rs 5000
Another purchase was made on August 5, where we bought goods from Vinay Stores for a total cost of Rs 5000. This transaction is also recorded in the purchase journal book.
August 10: Bought goods from Suresh for Rs 7000
On August 10, we purchased goods from Suresh for a total cost of Rs 7000. This transaction is recorded in the purchase journal book as well.
August 20: Purchased goods from Ravi for cash Rs 6000
A cash purchase of goods was made on August 20 from Ravi, where we bought goods for a total cost of Rs 6000. This transaction is recorded in the purchase journal book as it helps in maintaining an accurate record of all purchases made by the company.
August 27: Pavan supplied goods to us for Rs 8000
On August 27, we received a supply of goods from Pavan with a total value of Rs 8000. This transaction is recorded in the purchase journal book as it helps in tracking all the goods received by the company.
Summary:
- August 1: Bought goods from Sudeep for Rs 7500
- August 5: Purchased goods from Vinay Stores for Rs 5000
- August 10: Bought goods from Suresh for Rs 7000
- August 20: Purchased goods from Ravi for cash Rs 6000
- August 27: Pavan supplied goods to us for Rs 8000
The purchase journal book serves as a comprehensive record of all purchases made by the company. It helps in maintaining accurate financial records and provides necessary information for inventory management, supplier analysis, and cost control. By recording each purchase transaction, the company can easily track its expenses, identify trends, and make informed business decisions.
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Enter the following transaction in the purchase journal book of 2017 Aug 1 bought goods from sudeep Rs 7500, Aug 5 purchased goods from vinay stores Rs 5000 , Aug 10 bought goods from suresh Rs 7000, Aug 20 purchased goods from Ravi for cash Rs 6000, Aug 27 pavan supplied goods to us Rs 8000?
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Enter the following transaction in the purchase journal book of 2017 Aug 1 bought goods from sudeep Rs 7500, Aug 5 purchased goods from vinay stores Rs 5000 , Aug 10 bought goods from suresh Rs 7000, Aug 20 purchased goods from Ravi for cash Rs 6000, Aug 27 pavan supplied goods to us Rs 8000? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Enter the following transaction in the purchase journal book of 2017 Aug 1 bought goods from sudeep Rs 7500, Aug 5 purchased goods from vinay stores Rs 5000 , Aug 10 bought goods from suresh Rs 7000, Aug 20 purchased goods from Ravi for cash Rs 6000, Aug 27 pavan supplied goods to us Rs 8000? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Enter the following transaction in the purchase journal book of 2017 Aug 1 bought goods from sudeep Rs 7500, Aug 5 purchased goods from vinay stores Rs 5000 , Aug 10 bought goods from suresh Rs 7000, Aug 20 purchased goods from Ravi for cash Rs 6000, Aug 27 pavan supplied goods to us Rs 8000?.
Enter the following transaction in the purchase journal book of 2017 Aug 1 bought goods from sudeep Rs 7500, Aug 5 purchased goods from vinay stores Rs 5000 , Aug 10 bought goods from suresh Rs 7000, Aug 20 purchased goods from Ravi for cash Rs 6000, Aug 27 pavan supplied goods to us Rs 8000? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Enter the following transaction in the purchase journal book of 2017 Aug 1 bought goods from sudeep Rs 7500, Aug 5 purchased goods from vinay stores Rs 5000 , Aug 10 bought goods from suresh Rs 7000, Aug 20 purchased goods from Ravi for cash Rs 6000, Aug 27 pavan supplied goods to us Rs 8000? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Enter the following transaction in the purchase journal book of 2017 Aug 1 bought goods from sudeep Rs 7500, Aug 5 purchased goods from vinay stores Rs 5000 , Aug 10 bought goods from suresh Rs 7000, Aug 20 purchased goods from Ravi for cash Rs 6000, Aug 27 pavan supplied goods to us Rs 8000?.
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Enter the following transaction in the purchase journal book of 2017 Aug 1 bought goods from sudeep Rs 7500, Aug 5 purchased goods from vinay stores Rs 5000 , Aug 10 bought goods from suresh Rs 7000, Aug 20 purchased goods from Ravi for cash Rs 6000, Aug 27 pavan supplied goods to us Rs 8000?, a detailed solution for Enter the following transaction in the purchase journal book of 2017 Aug 1 bought goods from sudeep Rs 7500, Aug 5 purchased goods from vinay stores Rs 5000 , Aug 10 bought goods from suresh Rs 7000, Aug 20 purchased goods from Ravi for cash Rs 6000, Aug 27 pavan supplied goods to us Rs 8000? has been provided alongside types of Enter the following transaction in the purchase journal book of 2017 Aug 1 bought goods from sudeep Rs 7500, Aug 5 purchased goods from vinay stores Rs 5000 , Aug 10 bought goods from suresh Rs 7000, Aug 20 purchased goods from Ravi for cash Rs 6000, Aug 27 pavan supplied goods to us Rs 8000? theory, EduRev gives you an
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