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WHAT WILL BE ENTRY IF COMPANY PURCHASE A DOG FOR SECURITY
PURPOSE?

Answers were Sorted based on User's Feedback



WHAT WILL BE ENTRY IF COMPANY PURCHASE A DOG FOR SECURITY PURPOSE?..

Answer / anurag

purchase of dog mus be book to security expencess for the
very first time with the amount of buy price.

then monthly expencess of look after the dog must be
debited to security expencess.

Is This Answer Correct ?    10 Yes 1 No

WHAT WILL BE ENTRY IF COMPANY PURCHASE A DOG FOR SECURITY PURPOSE?..

Answer / raghu.aps eveing v b.com

First Ww should know y is dog purchase for Business purpose
or Personal use

If its Nuture of company is security
its

P/l A/c Dr
Indirect Expenses a/c

Personal use

Drawings
Cash a/c

Is This Answer Correct ?    3 Yes 1 No

WHAT WILL BE ENTRY IF COMPANY PURCHASE A DOG FOR SECURITY PURPOSE?..

Answer / piyush trivedi

Dog Purchased for business use.


Living Stock a/c dr. xxxxx.xx -------- (Fixed Asst.)
Cash -------- xxxxx.xx
(Being dog Purchased)
================================================

Dog died.

Loss by Living Stock a/c dr. (indirect Exp.)
To Living Stock (fixed Asst.)
(Dog died)

Is This Answer Correct ?    1 Yes 4 No

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