Mr. A purchased a car worth of rupees 2,00,000 on cash than
what would be the entry
Answers were Sorted based on User's Feedback
Answer / dharmendar singh rawat
Car A/c ...... Dr. 2,00,000
To Cash A/c ...... 2,00,000
(being car purchased on cash by mr. A )
Is This Answer Correct ? | 7 Yes | 0 No |
Answer / nishi
Car a/c Dr. 200000
To cash a/c 200000
(Car purchased by Mr. M on cash)
Is This Answer Correct ? | 7 Yes | 1 No |
Answer / smitha
Car Purchases A/c Dr 200000.00
To Cash 200000.00
(Being Mr. A purchase car for Rs.200000/-)
Is This Answer Correct ? | 5 Yes | 1 No |
Answer / anasuya.d
car a/c dr
TO cash a/c cr
(being car purchased by Mr.A on cash
due to car is a fixed asset so instead of purchases we
should debit to car)
Is This Answer Correct ? | 2 Yes | 0 No |
Answer / jaiky jain
Purchase a/c..... Dr
To Cash a/c
(Being car purchase)
If the car is purchase as an stock in trade Item, then the
above entry should be passed.
If it is an asset then
car a/c.... Dr
To cash a/c
Is This Answer Correct ? | 2 Yes | 0 No |
Answer / sujit kumar singh
Car a/c dr 200000
cash a/c cr 200000
BECAUSE WHICH COMES WILL BE DEBIT, WHICH GOES WILL BE
CREDIT
Is This Answer Correct ? | 4 Yes | 4 No |
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