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10 tv's purchased from x- company for cash out of that one
tv is damaged what is the entry we done in tally?

Answers were Sorted based on User's Feedback



10 tv's purchased from x- company for cash out of that one tv is damaged what is the entry we..

Answer / vivek

(if t.v. add in goods)

purchase A/c xxx
Cash A/c xxx (cost of purchase 10 t.v)

damage A/c xxx
purchase a/c (cost of damage t.v)

(if t.v. add in fixed assets)

t.v a/c xxx
cash a/c xxx (cost of 10 t.v.)

losses from damage a/c xxx
t.v. a.c xxx (cost of 1 t.v. & Damages t.v)

Is This Answer Correct ?    7 Yes 1 No

10 tv's purchased from x- company for cash out of that one tv is damaged what is the entry we..

Answer / maynk

issue a dabit note in taLLY AFTER ALL PURCHASE.

Is This Answer Correct ?    6 Yes 2 No

10 tv's purchased from x- company for cash out of that one tv is damaged what is the entry we..

Answer / mahendar

purchase a/c dr
loss on purchase a/c dr
To cash a/c

Is This Answer Correct ?    4 Yes 0 No

10 tv's purchased from x- company for cash out of that one tv is damaged what is the entry we..

Answer / vivek garg

when t. v purchased

purchase a/c dr
(amount of 10 t.v)

to cash a/c


after purchased of t.v

loss by damage a/c dr
(damaged t.v amount)

to purchased a/c



if t.v =fixed assest


fixed assest (t.v) a/c dr
to cash a/c

loss by demage (t.v) a/c dr
to fixed assest a/c

Is This Answer Correct ?    3 Yes 0 No

10 tv's purchased from x- company for cash out of that one tv is damaged what is the entry we..

Answer / suri

loss by Damaged A/c Dr

To Purchase A/c(If T.V is Goods)

or

Loss by Damaged A/c Dr

To T.V A/c (When T.V is Fixed Asset)

Note:- If the Amount of Damaged T.v from X - Company
then ...

Cash A/c Dr

To loss by Damaged A/c

Is This Answer Correct ?    3 Yes 4 No

10 tv's purchased from x- company for cash out of that one tv is damaged what is the entry we..

Answer / vinod rathore

Purchased a/c Dr

To X-Company a/c

Loss due to damage a/c Dr
To Purchase a/c

Is This Answer Correct ?    4 Yes 7 No

10 tv's purchased from x- company for cash out of that one tv is damaged what is the entry we..

Answer / raju gupta

cash a/c Dr. xxx
To TV A/c xxx

Tv A/c Dr. xxx (Amount of damage tv)
to Sales A/c xxx

Is This Answer Correct ?    0 Yes 12 No

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