Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


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

Answers were Sorted based on User's Feedback



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

Post New Answer

More Accounting AllOther Interview Questions

A company staff's visa procedure's expenes are treated as indirect expense or not. please give the journal entry and tally posting.

2 Answers  


why you would like to work for the our(AIRLINE) Group ???

1 Answers   Emirates,


what is business entity concept?

20 Answers  


how to prepare Profit and los accounts ?

8 Answers   College School Exams Tests, MLA, Study Overseas,


What is debit side of dividend?

2 Answers   Franklin Templeton,


What is General Ledger

17 Answers   Accenture, Bank Exams, OMO, Scope International,


hi gurus , plz can anybody forward ur cv of accounts/finance related , exp of 4+ years to afreenjuveriya@yahoo.com

0 Answers  


hi all, i'll be grateul if u can help me on this. I'v been selected as a PO in SBI. Simultaneously I'v got a job offer from British High Commission in New Delhi. Can anyone suggest which will be the better option??????????

4 Answers  


18. If the real gross domestic product of US has increased, but the production of goods remained the same, then the production of services has; a) Increases b) Decreases c) Remained same d) Would vary

5 Answers   Capital IQ,


What is Subsidiary book?Explain the different Books along with debit note& credit note?

4 Answers  


1.In SAP T-code MIR 44 is used for what purpose? 2. What are the entires for Depreciation? 3.Trade discount comes under; a.trading account b.P/L account c. balance sheet 4. T- code F-44 is used to reverse po entry?

2 Answers   Cap Gemini,


What is cash clearing account

0 Answers   Kantar,


Categories