classification of purchase is :, Assets, expense, revenue, liability, the company paid the amount due, dr. Cash,cr A/c payable, dr.A/c payable,cr cash, if the company using periodic inventory system,and the company purchased on account.what is the correct entry:, dr.A/c payable,cr purchase, Dr .purchases ,cr cash, Dr.purchases,cr A/c payable, Dr.purchased ,cr A/c receivable

Leaderboard

Visual style

Options

Switch template

Continue editing: ?