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IF WE PURCHASE TV FOR PERSONEL THEN WE DIDNT RAISE PURCHASE
ORDER WHY ?

Question Posted / ursashok007

Answers were Sorted based on User's Feedback



IF WE PURCHASE TV FOR PERSONEL THEN WE DIDNT RAISE PURCHASE ORDER WHY ?..

Answer / avishek bandopadhyay

Here TV is purchased for personal purpose and in business
any transaction happend for the personal purpose is
considered as a drawings. Therefore we can't raise purchase
oerder for the drawings.

Is This Answer Correct ?    35 Yes 1 No

IF WE PURCHASE TV FOR PERSONEL THEN WE DIDNT RAISE PURCHASE ORDER WHY ?..

Answer / arun k sharma

This will not recorded in the books of accounts because as per Business Entity Concept transaction are recorded as per Business perspective not as per Personal.

Is This Answer Correct ?    0 Yes 0 No

IF WE PURCHASE TV FOR PERSONEL THEN WE DIDNT RAISE PURCHASE ORDER WHY ?..

Answer / syedmazhar

He did not give an explanistin to anybody, while he's own
mony.

Is This Answer Correct ?    2 Yes 12 No

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