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a proprieter company purchase a software what is the
journal entry in tally ?

Answers were Sorted based on User's Feedback



a proprieter company purchase a software what is the journal entry in tally ?..

Answer / zubair_glad24@yahoo.com

Dr software a/c dr
To cash a/c

Is This Answer Correct ?    20 Yes 2 No

a proprieter company purchase a software what is the journal entry in tally ?..

Answer / sujit kumar singh

If software purchase in cash then

By computer software a/c Dr
To cash Cr



If software purchase on credit then

By computer software a/c Dr
To Party Name (from where purchase)Cr

Is This Answer Correct ?    13 Yes 1 No

a proprieter company purchase a software what is the journal entry in tally ?..

Answer / sandeep

software a/c dr *****
to cash a/c cr *****

( Being software purchased)

Is This Answer Correct ?    12 Yes 1 No

a proprieter company purchase a software what is the journal entry in tally ?..

Answer / shiv koul

if software is purchased on cash then

software a/c dr
To cash a/c

if software is purcahsed on credit
sofware a/c dr
To suppliers name


suppliers means credtior, vendor, party's name

Is This Answer Correct ?    6 Yes 0 No

a proprieter company purchase a software what is the journal entry in tally ?..

Answer / rakhi

Dr.Asset
Cr.to Software Co.

Is This Answer Correct ?    14 Yes 9 No

a proprieter company purchase a software what is the journal entry in tally ?..

Answer / alok

software a/c dr
to cash a/c

Is This Answer Correct ?    4 Yes 0 No

a proprieter company purchase a software what is the journal entry in tally ?..

Answer / anil prasad

Assets A/c __________Dr
To Software Co.______Cr

(Being software purchased)

Software Co. A/c ____Dr
To Cash / Bank A/c __Cr

(Being payment against Invoice)

Is This Answer Correct ?    3 Yes 0 No

a proprieter company purchase a software what is the journal entry in tally ?..

Answer / k. phalguna rao

SOFTWARE A/c Dr
to Cash A/c
Narration: being sofware purchased by cash beacuse there
was not mentioned any supplier name hence we have to take
as cash transaction)

Is This Answer Correct ?    4 Yes 4 No

a proprieter company purchase a software what is the journal entry in tally ?..

Answer / hari

By.software a/c...Dr
To.Bank /Cash...Cr
(Being Purchased Software)

Is This Answer Correct ?    0 Yes 0 No

a proprieter company purchase a software what is the journal entry in tally ?..

Answer / neeraj mishra

Software A/c ....Dr.
To Party Name....Cr.
(Being provision made for purchase of software).

Party Name A/c ....Dr.
To Cash/Bank A/c....Cr.

Is This Answer Correct ?    0 Yes 1 No

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