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I purchased a Car & paid 10,000/- Rs. Cash & 50000/- Rs. By
Loan. What will be the Entry ??
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Answer / abhinandan kumar
car a/c - Rs. 60000/- Dr
cash a/c - Rs. 10000/-Cr
Loan a/c - Rs. 50000/-Cr
| Is This Answer Correct ? | 48 Yes | 2 No |
We have to write multiple entry in this case my Dear friends
Car a/c Dr 60000/-
To Cash a/c 10000/-
To Loan a/c 50000/-
(Being car purchased by paying cash and loan taken for the
purpose)
Always we have to write in common accepted form but not as
Dr and cr
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| Is This Answer Correct ? | 14 Yes | 1 No |
Answer / abdul hannan
car a/c - Rs. 60000/- Dr
cash a/c - Rs. 10000/-Cr
Loan a/c - Rs. 50000/-Cr
| Is This Answer Correct ? | 7 Yes | 1 No |
Answer / mohit kumar
CAR a/c DR. Rs.60000/-
TO CASH A/C RS.10000/-
TO LOAN A/C RS.50000/-
| Is This Answer Correct ? | 6 Yes | 1 No |
Answer / mahendra
Car a/c Dr. 60000
To Cash Cr. 10000
TO Loan Cr. 50000
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / monu
loan a/c dr 50000
cash a/c dr 10000
car a/c cr 60000
| Is This Answer Correct ? | 1 Yes | 6 No |
Answer / gagan singh
car a/c- Rs. 10000/-dr
Car a/c- Rs. 50000/- dr
Cash a/c Rs. 10000/- cr
Loan A/c Rs. 50000/- cr
| Is This Answer Correct ? | 6 Yes | 21 No |
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