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10 tv's purchased from x- company for cash out of that one
tv is damaged what is the entry we done in tally?

Answer Posted / vivek

(if t.v. add in goods)

purchase A/c xxx
Cash A/c xxx (cost of purchase 10 t.v)

damage A/c xxx
purchase a/c (cost of damage t.v)

(if t.v. add in fixed assets)

t.v a/c xxx
cash a/c xxx (cost of 10 t.v.)

losses from damage a/c xxx
t.v. a.c xxx (cost of 1 t.v. & Damages t.v)

Is This Answer Correct ?    7 Yes 1 No



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