I have to make accounting module for pharmacy. Tell me whether I'm making rite entry or not

Event is "Purchase of stock from manufacture on credit"
Account are
Manufacture_account Credit
Inventory Debit

Also tell me what will be its closing entry, is it correct

Manufacture_account Debit
Purchase_account Credit

Or I have to close manufacture_account in A/P

U must credit the accounts payable account

U mean I must close manufacture_account in A/P or you mean that after close manufacture accout in purchase_account I may make another closing entry i.e
Purchase_account Debit
A/P Credit

Answer briefly

What journal entry to I make if a business began making a deposit in a company bank accounot of $24000.00, in exchange of 4800 shares of $5 par value common stock?

Debit Cash for the amount of cash received
Credit Common Stock for the amount (par value * number of shares issued)

What is the journal entry for 20% stock in a parent company?