Mr. A purchased a car worth of rupees 2,00,000 on cash than what would be the

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Mr. A purchased a car worth of rupees 2,00,000 on cash than
what would be the entry

Question Posted / jayanti ha

13 Answers
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Mr. A purchased a car worth of rupees 2,00,000 on cash than what would be the entry..

Answer / mukesh

car a/c Dr. 2,00,000
To cash a/c 2,00,000

Is This Answer Correct ?

33 Yes

0 No

Mr. A purchased a car worth of rupees 2,00,000 on cash than what would be the entry..

Answer / jubeda

Car A/c ...... Dr. 2,00,000
To Cash A/c ...... 2,00,000
(being car purchased on cash )

Is This Answer Correct ?

16 Yes

0 No

Mr. A purchased a car worth of rupees 2,00,000 on cash than what would be the entry..

Answer / dharmendar singh rawat

Car A/c ...... Dr. 2,00,000
To Cash A/c ...... 2,00,000
(being car purchased on cash by mr. A )

Is This Answer Correct ?

7 Yes

0 No

Mr. A purchased a car worth of rupees 2,00,000 on cash than what would be the entry..

Answer / nishi

Car a/c Dr. 200000
To cash a/c 200000
(Car purchased by Mr. M on cash)

Is This Answer Correct ?

7 Yes

1 No

Mr. A purchased a car worth of rupees 2,00,000 on cash than what would be the entry..

Answer / smitha

Car Purchases A/c Dr 200000.00
To Cash 200000.00
(Being Mr. A purchase car for Rs.200000/-)

Is This Answer Correct ?

5 Yes

1 No

Mr. A purchased a car worth of rupees 2,00,000 on cash than what would be the entry..

Answer / anasuya.d

car a/c dr
TO cash a/c cr

(being car purchased by Mr.A on cash
due to car is a fixed asset so instead of purchases we
should debit to car)

Is This Answer Correct ?

2 Yes

0 No

Mr. A purchased a car worth of rupees 2,00,000 on cash than what would be the entry..

Answer / 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

Mr. A purchased a car worth of rupees 2,00,000 on cash than what would be the entry..

Answer / yash

hello mr.
if car purchased in the name of firm
car a/c dr.....200000
cash/bankcr.......200000

if car purchase in for personal use
drawings a/c dr.........200000
cash/bank a/c cr.............200000

Is This Answer Correct ?

4 Yes

3 No

Mr. A purchased a car worth of rupees 2,00,000 on cash than what would be the entry..

Answer / mukesh

car a/c Dr
To cash a/c Cr

Is This Answer Correct ?

2 Yes

1 No

Mr. A purchased a car worth of rupees 2,00,000 on cash than what would be the entry..

Answer / sujit kumar singh

Car a/c dr 200000
cash a/c cr 200000

BECAUSE WHICH COMES WILL BE DEBIT, WHICH GOES WILL BE
CREDIT

Is This Answer Correct ?

4 Yes

4 No

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