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Purchase book

Accountancy

We are enter the information of credit purchase made on goods of the business in purchase book. Is that we also have to make a entry in journal or journal entry is not needed for the the transactions entered on purchase book?

Vijay K

CA Inter

★ 9K+

07-Jul-21 16:39

480

Answers (1)

True. We only record the credit purchases made in relation to the business in the Purchase journal book and no entry for the same is required in Journal proper.

Madhuri Veluri

CA Inter

★ 2K+

08-Jul-21 10:10