can anyone give the journal entry with the amount
10 tv bought in the business for 1000 each, out of which
one is installed.
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Answer Posted / krushna
According to Irfan ot of the 10TVs purchased for business
one is installed in the shop for display. If so the entry
will be
Purchase of Tvs Dr 9000
TV Dr 1000
To Cash/Bank 10000
Here it means one Tvs was taken under assets account and
others were taken as purchases
| Is This Answer Correct ? | 21 Yes | 9 No |
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