Accounting Entries for Purchase of Goods & Fixed Assets

किसी भी organisation में generally purchase दो चीजों कि होती है – पहली Purchase of Goods और दूसरी Purchase of Fixed Assets. Accounting Entry करते समय हमें यह बात ध्यान में रखनी चहिये कि Purchase of Goods के लिए Purchase A/c को Debit किया जाता है, जब्कि Purchase of Fixed Assets के लिए Fixed Assets A/c को Debit किया जाता है!

Purchase can be made in Cash as well as on Credit. But here you need to know that organization may make purchase of Goods and Fixed assets. For Purchase of Goods, Entry would be different from Purchase of Fixed Assets.

Entry for Purchase of Goods in Cash/Bank:-

Purchase A/c Dr.

To Cash/Bank A/c

(Being goods purchased in Cash/Bank)

Entry for Purchase of Goods on Credit:-

Purchase A/c Dr.

To Sundry Creditors A/c

(Being Goods Purchased on credit)

Entry for Purchase of Fixed Assets in Cash/Bank:-

Fixed Assets A/c Dr.

To Cash/Bank A/c

(Being Fixed Assets purchased in Cash/Bank)

Entry for Purchase of Fixed Assets on credit:-

Fixed Assets A/c Dr.

To Vendor A/c

(Being Fixed Assets Purchased on Credit)

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