A machinery item puchase form M/s. XYZ for the cost of
Rs.2,00,000/- with freight charges Rs.20,000/- and
installation charges Rs.10,000/- what is the journal entry
Answer Posted / kusuma
Machinery A/c DR 210000/-
Freight charges A/c DR 20000/-
To XYZ A/c CR 230000/-
Is This Answer Correct ? | 0 Yes | 1 No |
Post New Answer View All Answers
Why company issue shares at discount as its a loss ?
Where a cash discount should be recorded in a journal entry?
Tell me what is the abbreviation for the accounting terms debit and credit?
Tell me how much statistics knowledge is necessary or required in accounting?
iv, A non -performing asset is A, Money at call and short notices b, An asset that ceases to generate income c, cash balance in till d, none of the above
Explain have you ever prepared mis reports and what are these?
What is mean by working capital?
what is the performa of bank reconcilation ? i want to need it and also i want to know about tds entry for various sources such as rent,contractor, commission, etc. and how we make the tds return, please tell me its very urgent?
VAT PER SURCHARG KAB SE KIS DATE SE LAG RAHA HAI
we are import a cnc machine, we have availed customs duty, CVD & Additional duty credit?
What is the purpose of a balance sheet?
What is depreciation and how many types are there. Please give details?
What is Bank Reconciliation Statement? How to calliculate in tally erp9.0?
What is the logic behind this entry P & L Appropriation A/c ..........Dr. To Provision for income tax A/c
Explain the accounts payable cycle