Hi Everybody,
i would like to know the journal entry for the below
question,
1). One color Tv is taken by proprietor for Personel use.
also in TALLY Accounting package how i can post,if it is
drawings,under which account, please let me know.
Thanks,
Answers were Sorted based on User's Feedback
Answer / amit chakraborty
1)The entry will be:
Drawings Dr
To Cooler Tv
2) In tally, the group of the a/c drawings will be- Capital
Is This Answer Correct ? | 3 Yes | 7 No |
Answer / vadeendra
Accounting entries will be only for those transactions which
can be expressed in monetary terms. so there will not be any
entry for this transaction.
Is This Answer Correct ? | 0 Yes | 5 No |
what is the meaning of A/c
What is cotangent Account?
What is Prorate Expenses in Accounts Payable
Is it possible to change the accounting period under Indian GAAP from 1/Apr-31March to 1/January-31/December? There is any restriction in doing that, i mean for example for fisal purposes? Thank you all!
Balance sheet is account or statement?and Which account is come under balance sheet(i.e. real,personal and nominal account)?
What is Journal Entry of Depreciation ?
What do you find most satisfying about this job?
Explain me fair value accounting?
can any accountant forward format of daily or monthly mis format for accounts and finance dept!!
What is the TDS rate in Maharastra, Tamil Nadu, Karnakata,Odisha & West Bengal. What is about Profession Tax.
What is the Difference Between Tally Software & SAP Software..?
14 Answers GTS, SSK, TATA,
what is entry of depreciation in journal