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Business purchase account?
what is business purchase account?
Replies (3)
| Originally posted by : Kushal Verma | ||
 |
what is business purchase account? |  |
Where?
it is just an temporary account to record that we have purchased business of other
1.Business PUrchse A/C •••••••dr
to Vendor A/v
2.Vendor A/C .....Dr
to PC a/C
to business purchase
1.Business PUrchse A/C •••••••dr
to Vendor A/v
2.Vendor A/C .....Dr
to PC a/C
to business purchase
it occurs during Amalgamation!,if I am correct
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