WINDOWS SOFTWARE PURCHASES FROM MICROSOFT BY PAYING A
CHEQUE OF RS. 35000/- FROM AXIS BANK LTD. PASS THIS JOURNAL
ENTERY
Answer Posted / sachin
(1)journul entry
Software (Asset)A/c Dr 35000
Micro soft.. A/c CR 35000
2)Payment entry to party
Micro Soft Dr 35000
Axix bank Cr 35000
Is This Answer Correct ? | 4 Yes | 0 No |
Post New Answer View All Answers
Tell me in accounting, how do you define premises?
Tell us what do you believe should be an important quality of an account executive?
How to calculate Gratuity & when it's applicable to employee after three years or Five years?...
During execution of Works Contract,If Contractee(Customer) supply goods to contractor, then it should be shown in Invoice as deduction or no need to show in Invoice.
What is mean by working capital?
What action could be taken by you and your manager to improve your performance in your current position?
are tpt, freight & packing charges part of sales & purchase ??
what is the nature of profit and loss approprition account.which entity prepare this.
What are the effects when intangibles and tangible assests decrease
What is the distinction between cost accounting and management accounting?
In which term & condition excise invoice raises & for what excise invoice raise?
what is windows dressing final accounts?,sales a/c belongs to which a/c type?
Do you know partitioning in accounting?
List out some of the examples for liability accounts?
How to calculate ESI Please define what include in basic salary and what should be excluded from basic salary