10 tv's purchased from x- company for cash out of that one
tv is damaged what is the entry we done in tally?
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Answer Posted / vivek garg
when t. v purchased
purchase a/c dr
(amount of 10 t.v)
to cash a/c
after purchased of t.v
loss by damage a/c dr
(damaged t.v amount)
to purchased a/c
if t.v =fixed assest
fixed assest (t.v) a/c dr
to cash a/c
loss by demage (t.v) a/c dr
to fixed assest a/c
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