A machinery item puchase form M/s. XYZ for the cost of
Rs.2,00,000/- with freight charges Rs.20,000/- and
installation charges Rs.10,000/- what is the journal entry

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A machinery item puchase form M/s. XYZ for the cost of Rs.2,00,000/- with freight charges Rs.20,00..

Answer / acp

By Machinery a/c dr. Rs.2,30,000/-
To M/s. XYZ Cr. Rs.2,30,000/-
(all the extra exp. i.e. freight & installation charges
added in machinery items rate then the value of machinery
item and capitalised)

Is This Answer Correct ?    51 Yes 6 No

A machinery item puchase form M/s. XYZ for the cost of Rs.2,00,000/- with freight charges Rs.20,00..

Answer / sajay guptha

machinery A/c Dr
freight A/c Dr
installation charges A/c Dr
To XYZ Cr...

Is This Answer Correct ?    23 Yes 22 No

A machinery item puchase form M/s. XYZ for the cost of Rs.2,00,000/- with freight charges Rs.20,00..

Answer / kusuma

Machinery A/c DR 210000/-
Freight charges A/c DR 20000/-
To XYZ A/c CR 230000/-

Is This Answer Correct ?    0 Yes 1 No

A machinery item puchase form M/s. XYZ for the cost of Rs.2,00,000/- with freight charges Rs.20,00..

Answer / kapil

MACHINERY A/C Dr.
To xyz a/c

Is This Answer Correct ?    11 Yes 16 No

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