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Sir as you know in purchase book we will record credit purchase .now if we give money to our creditor how to fix this in purchase book or what to do to eliminate that creditor from purchase book.

Shreesha .T.u

CA Foundation

★ 2K+

05-Jan-21 13:03

586

Answers (4)

Payment to Creditor will be recorded in Ledger Account.

CA Suraj Lakhotia

Admin

05-Jan-21 15:42

CA Suraj Lakhotia Admin

Payment to Creditor will be recorded in Ledger Account.

How sir.

Thread Starter

Shreesha .T.u

CA Foundation

★ 2K+

06-Jan-21 19:11

Thread Starter

Shreesha .T.u

How sir.

There will be a creditor account in general ledger. It will be debited to that account. Creditor A/c Dr. To bank

CA Suraj Lakhotia

Admin

06-Jan-21 20:45

CA Suraj Lakhotia Admin

There will be a creditor account in general ledger. It will be debited to that account. Creditor A/c Dr. To bank

Crystal Clear sir thanks you

Thread Starter

Shreesha .T.u

CA Foundation

★ 2K+

08-Jan-21 15:16