Question
if i bought 10 car @ Rs1000 each.one car i used for office
use then what will be the entry?
Question Submitted By :: Mohd Shakeel
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Re: if i bought 10 car @ Rs1000 each.one car i used for office
use then what will be the entry?
Answer 1 purchase a/c dr xxx
to vehicle a/c xxx
(being vehicle purchased for office use)
Chandureddy
Re: if i bought 10 car @ Rs1000 each.one car i used for office
use then what will be the entry?
Answer 2 Purchase a/c dr 1000
To cash a/c 1000
Ravi
Re: if i bought 10 car @ Rs1000 each.one car i used for office
use then what will be the entry?
Answer 3 cars a/c dr 1000
To cash a/c 1000
(being purchased cars used for office purpose)
Chari
Re: if i bought 10 car @ Rs1000 each.one car i used for office
use then what will be the entry?
Answer 4 Car A/c Dr.
To Fixed Assets A/c
Sunita
Re: if i bought 10 car @ Rs1000 each.one car i used for office
use then what will be the entry?
Answer 5 PURCHASE A/C DR 9000
VEHICLE A/C DR 1000
TO CASH A/C 10000
( BEING GOODS PURCHASED )
Imtiyaz Ali
Re: if i bought 10 car @ Rs1000 each.one car i used for office
use then what will be the entry?
Answer 6 Cr. Cash A/c 10,000.00
Dr. Fixed asset A/c 1,000.00
Dr. Stock 9,000.00
Selvam
Re: if i bought 10 car @ Rs1000 each.one car i used for office
use then what will be the entry?
Answer 7 Car 1000
Individual 9000
To cash 10000
Sreena
Re: if i bought 10 car @ Rs1000 each.one car i used for office
use then what will be the entry?
Answer 8 Dr. Purchases A/c
Dr. Vehicle A/c
Cr. Cash A/c
( Being amount paid angst the purchses )
Pankaj Thakur
Re: if i bought 10 car @ Rs1000 each.one car i used for office
use then what will be the entry?
Answer 9 Dr car A/c 1000
Cr cash A/c 1000
Pragathi
Re: if i bought 10 car @ Rs1000 each.one car i used for office
use then what will be the entry?
Answer 10 purchasea/c Dr 9000
Cara/c Dr 1000
TocashA/c 10000
(Being cars purchased for sale and one for office use)
A.p.mohapatra
Re: if i bought 10 car @ Rs1000 each.one car i used for office
use then what will be the entry?
Answer 11 purchase a/c dr
car a/c dr
to cash/creditor a/c
Vandhana
Re: if i bought 10 car @ Rs1000 each.one car i used for office
use then what will be the entry?
Answer 12 purchase a\c dr
car a/c dr
to cash a\c
being cars purchased
Krishna Mohan
Re: if i bought 10 car @ Rs1000 each.one car i used for office
use then what will be the entry?
Answer 13 only one car is buy for official purpose and others for
personal use so it will be drawing and journal entery will
be...
car a/c dr. 1000
drawing a/c dr. 9000
to cash a/c 10000
Rajni
Re: if i bought 10 car @ Rs1000 each.one car i used for office
use then what will be the entry?
Answer 14 Purchase a/c . . . Dr 10000
TO Cash a/c 10000
Shiva Kumar
Re: if i bought 10 car @ Rs1000 each.one car i used for office
use then what will be the entry?
Answer 15 here we see that out of the 10 cars purchased only one car
is used in the business.so the remaining 9 cars are used
for personal use nd personal transactions are not entered
in books of accounts of the business.so the entry would be
here iam assuming that the case is taken from business
Drawings a/c..dr 9000
car a/c..dr 1000
to cash a/c 10000
( being cash withdrawn from business for purchase of cars)
Rajendra
Re: if i bought 10 car @ Rs1000 each.one car i used for office
use then what will be the entry?
Answer 16 car a/c. dr. 1000
drawings a/c.Dr.9000
cash cr. 10000
Shabd Kumar Choudhary
Re: if i bought 10 car @ Rs1000 each.one car i used for office
use then what will be the entry?
Answer 17 asset a/c dr 10000
drawings a/c dr 90000
to cash a/c
Jyoti Agrawal
Re: if i bought 10 car @ Rs1000 each.one car i used for office
use then what will be the entry?
Answer 18 car a/c.......................Dr 9000
purchase A/C..................Dr 1000
To Cash A/C...................Cr /10000
A.balajee.rao
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