WINDOWS SOFTWARE PURCHASES FROM MICROSOFT BY PAYING A
CHEQUE OF RS. 35000/- FROM AXIS BANK LTD. PASS THIS JOURNAL
ENTERY

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WINDOWS SOFTWARE PURCHASES FROM MICROSOFT BY PAYING A CHEQUE OF RS. 35000/- FROM AXIS BANK LTD. PA..

Answer / nichit pandurang

1)Asset Booked Thrg JV
Software (Asset)A/c Dr 35000
Micro soft A/c CR 35000
2)Payment entry to party
Micro Soft Dr 35000
Axix bank Cr 35000

Is This Answer Correct ?    19 Yes 0 No

WINDOWS SOFTWARE PURCHASES FROM MICROSOFT BY PAYING A CHEQUE OF RS. 35000/- FROM AXIS BANK LTD. PA..

Answer / revanth

Software a/c Dr
To Banka/c

Is This Answer Correct ?    20 Yes 4 No

WINDOWS SOFTWARE PURCHASES FROM MICROSOFT BY PAYING A CHEQUE OF RS. 35000/- FROM AXIS BANK LTD. PA..

Answer / musthafa

windows software (asset) a/c DR 35000

AXIS BANK A/C CREDIT 35000

Is This Answer Correct ?    16 Yes 3 No

WINDOWS SOFTWARE PURCHASES FROM MICROSOFT BY PAYING A CHEQUE OF RS. 35000/- FROM AXIS BANK LTD. PA..

Answer / sachin

(1)journul entry

Software (Asset)A/c Dr 35000
Micro soft.. A/c CR 35000


2)Payment entry to party

Micro Soft Dr 35000
Axix bank Cr 35000

Is This Answer Correct ?    4 Yes 0 No

WINDOWS SOFTWARE PURCHASES FROM MICROSOFT BY PAYING A CHEQUE OF RS. 35000/- FROM AXIS BANK LTD. PA..

Answer / mangesh shukla

windows software is assets of the company

journal entry

windows software dr 35000/-
microsoft cr 35000/-

payment entry

microsoft dr 35000/-
bank axis cr 35000/-



if above entry is wrong so plz give me correct entry

Is This Answer Correct ?    1 Yes 0 No

WINDOWS SOFTWARE PURCHASES FROM MICROSOFT BY PAYING A CHEQUE OF RS. 35000/- FROM AXIS BANK LTD. PA..

Answer / shiva

please tell me tha present rates of taxes and and
percentage of all taxes pleas please tell i need very
urgent i will be thank full to u plesa i waiting for ur
answers thank u my mobile no is 09848083705.

Is This Answer Correct ?    0 Yes 0 No

WINDOWS SOFTWARE PURCHASES FROM MICROSOFT BY PAYING A CHEQUE OF RS. 35000/- FROM AXIS BANK LTD. PA..

Answer / shiji

Purchases a/c Dr
To Axis Bank a/c

(Being the software purchase made by cheque)

Is This Answer Correct ?    1 Yes 1 No

WINDOWS SOFTWARE PURCHASES FROM MICROSOFT BY PAYING A CHEQUE OF RS. 35000/- FROM AXIS BANK LTD. PA..

Answer / satish

windows software is not an asset. we cannot get money in future. so it should be treated as expenditure. we cannot sale the software to any other company.
the first entry is
software ac...dr
to microsoft ac (sundry creditors)
after payment through bank or cash
microsoft ac...dr
to bank (or) cash ac

Is This Answer Correct ?    0 Yes 0 No

WINDOWS SOFTWARE PURCHASES FROM MICROSOFT BY PAYING A CHEQUE OF RS. 35000/- FROM AXIS BANK LTD. PA..

Answer / yash

satish ji ye batiye ki software kis head me loge aap liabilities mein ya expenses mein bcs u say its not a assets

satish ji
all computer software is a intengible assets ok i think all the readers clear his doubts

Is This Answer Correct ?    0 Yes 0 No

WINDOWS SOFTWARE PURCHASES FROM MICROSOFT BY PAYING A CHEQUE OF RS. 35000/- FROM AXIS BANK LTD. PA..

Answer / vinay kumar

1) Booked assets by Journal
Software purchase A/c Dr. 35,000/- (Assets)
To Microsoft Co.A/c Cr. 35,000/- (Sundry Creditor)
(being software purchase to M/s Microsoft Co.)

2)Payment to Party(Sundry Creditor)
Microsoft Co. A/c Dr. 35,000/-
To Axis Bank Ltd. Cr. 35,000/-
(being purchase software paid by cheque)

Is This Answer Correct ?    0 Yes 0 No

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