can anyone give the journal entry with the amount
10 tv bought in the business for 1000 each, out of which
one is installed.
Answers were Sorted based on User's Feedback
Answer / amol
TV A/c.......dr. 1000
Purchase A/c......dr. 9000
To capital 10000
Is This Answer Correct ? | 6 Yes | 17 No |
Answer / kishore vamsee.b
Purches A/c Dr 10000
To vendor 9000
Add instaled 1000 10000
.....
(Being 10tvs purchsed@1000, from which 1 was instaled )
Is This Answer Correct ? | 3 Yes | 31 No |
Answer / prem
Purches A/c Dr 10000
To cash A/c 9000
Add preinstalled 1000 1000
.....
(Being 10tvs purchsed@1000, from which 1 was yet)
Is This Answer Correct ? | 3 Yes | 36 No |
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