If I purchased a machinary of Rs. 50,000 and Received a
free printer of Rs. 3000 . What its Accounting entry?
Answers were Sorted based on User's Feedback
Answer / mukesh goyal
Machinery a/c Dr. 47000.00
Computer a/c Dr. 3000.00
To cash a/c Cr. 50000.00
Is This Answer Correct ? | 2 Yes | 5 No |
Answer / rohit
machinery a/c dr. 47000
printer a/c dr. 3000
to cash/creditor 50000
Is This Answer Correct ? | 2 Yes | 5 No |
Answer / aleem
Machinery A/c _____________Dr 50000
To Cash A/c 50000
Is This Answer Correct ? | 0 Yes | 7 No |
for the above we have passed two different type entries
1. plant & machinery a/c. 50,000
Computers a/c. 3,000
T name of the supplier a/c. 53,000
2. Name of the supplier a/c. dr. 53,000
To Discount recd. on purchases 53,000 (Other
income)
Is This Answer Correct ? | 4 Yes | 27 No |
Expand---------TCSS
Dear Sir, i am working automobiles manufacturing company. pls tell me following under head in tally 9.00:- Type of A/c= ledger under creat Sales = Sales Account Purchases= Purchase Account Excise Duty on Sales=???? Education & she=??? Cenvat on Purchase=??? HVat=???? CST=??? Excise P.L.A.=????? TDS=????? WCT=???
What is the need for harmonisation of accounting standards at global level?
KINDLY PROVIDE ME RBI OFFICER SCALE B QUESTION PAPER (PREVIOUS)
what is the capital goods?
After closing the financial year i.e. 31st march., you have received a teliphone bill on dated 1st april ( And the bill was for the month of 1 mar to 31st march i.e closing year's last month)what treatment you will do in current financial year and closing financial year.
The company asset(tempo)was sales, how to make sale tax return. and other entrys in tally.
e.g of derivatives
what is npa & what are the different types of NPA?
3 Answers State Bank Of India SBI,
How Many kind of expenses or Income will come under direct expenses or Income ?
Which types of assets deducts in equity funds for company?
As per the accounting what do you mean by Fixed Assets?