Interested to Buy Any Domain ? << Click Here >> for more details...
A machinery item puchase form M/s. XYZ for the cost of
Rs.2,00,000/- with freight charges Rs.20,000/- and
installation charges Rs.10,000/- what is the journal entry
- 4 Answers
- 18342 Views
- Chartered Accountant, Sony, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / acp
By Machinery a/c dr. Rs.2,30,000/-
To M/s. XYZ Cr. Rs.2,30,000/-
(all the extra exp. i.e. freight & installation charges
added in machinery items rate then the value of machinery
item and capitalised)
| Is This Answer Correct ? | 51 Yes | 6 No |
Answer / sajay guptha
machinery A/c Dr
freight A/c Dr
installation charges A/c Dr
To XYZ Cr...
| Is This Answer Correct ? | 23 Yes | 22 No |
Answer / kusuma
Machinery A/c DR 210000/-
Freight charges A/c DR 20000/-
To XYZ A/c CR 230000/-
| Is This Answer Correct ? | 0 Yes | 1 No |
how much deduction want while salary paid?
Why intercompany reconciliation
What is MIS report and Expalain with Explamples by using MIS format
what is the final accunt
Why don't show the opening & closing stock in Trial Balance.
what kind of items are posted in the income statement?
2 Answers eClerx, Tata Motors,
One car company raised an invoice of 30k to its customer, which includes car's price and one year service price of 1600 (cost). They work on 25% margin. How much amount will go to Income statement and B/S?
what is amalgamation?
What do you mean by DP(Drawing Power)
adjustment entry showing in tally such as outstanding salary prepaid salary etc.
hi to all this is sai i attend interview for genpact last week he asked me about BRS :if ur MD issued a cheque for his own insurance premium what u will do? this is the question plz give answer for this
13 Answers Genpact, Uttam Galva,
what is share application money pending allotment?
Audit 
