Mr. A purchased a car worth of rupees 2,00,000 on cash than
what would be the entry
Answer Posted / jaiky jain
Purchase a/c..... Dr
To Cash a/c
(Being car purchase)
If the car is purchase as an stock in trade Item, then the
above entry should be passed.
If it is an asset then
car a/c.... Dr
To cash a/c
Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
What is Home Loan Modification?
what is status report? and flow report?
what is the step in preparing the schedule of audit? can someone explain for me?
types of inventory
EXPAND_________SEB
What is the Technology used to carry out trades?
what are the models of valuation of the company
Expand---------PDBC
define fixed assets
• What is depreciation and the method?
How can someone prepared for Syndicate Bank Interviw? Do interviewer going to ask any aptitude questions or will it be similar to other PO Interviews? Answers solicited..
what do you meant auction? what is F & o segment?
what is cnc machine hour rate? how it is calculated?
what is the difference between f.f.s and c.f.s?
ER-1, ER-2,ER-3,ER-4,ER-5,ER-6,ER-7 plz tell me use of these excise form