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Accounting question for cash

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example a business person purchase of new apartment value rs:30 lacs .but cash on hand balance available rs:25 lacs in books as on apartment purchase date.
question:
if a person different cash amount (rs:30 lacs -rs:25 lacs) rs:5 lacs how the adjustment procedure in books.(cash increased)
Replies (2)

Cash purchase 25 

Credit purchase 5

To bank a/c

Cash purchase 25 

Credit purchase 5

To bank a/c 25

To payables 5

 

slow network

 


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