sold private car for rs 4,000 and bought a new one with
proceeds for bussiess plus rs 5.000 from office cash
what will be the journal entry

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sold private car for rs 4,000 and bought a new one with proceeds for bussiess plus rs 5.000 from of..

Answer / nagarjuna

CAR A/C DR RS . 9000
TO CAPITAL A/C Cr RS.4000
TO CASH A/C Cr RS.5000

(BEING PURCHASE OF NEW CAR FOR OFFICE BY PAYING RS.5000/- FROM
BUSINESS AND RS.4000/- FROM HIS PERSONAL)

Is This Answer Correct ?    78 Yes 12 No

sold private car for rs 4,000 and bought a new one with proceeds for bussiess plus rs 5.000 from of..

Answer / swarit

CAR A/C...DR. 5000
TO CASH A/C. 1000
TO CAPITAL A/C. 4000

Is This Answer Correct ?    8 Yes 10 No

sold private car for rs 4,000 and bought a new one with proceeds for bussiess plus rs 5.000 from of..

Answer / pavani

cash a/c......Dr 4000
To car a/c 4000
being sold a private car for 4000



car a/c.....DR 5000
To cash a/c 5000
being purchase a new car for office/business purpose

Is This Answer Correct ?    0 Yes 10 No

sold private car for rs 4,000 and bought a new one with proceeds for bussiess plus rs 5.000 from of..

Answer / harsha j surapur

Car A/c Dr---Rs. 5000
To Cash Ac-----------Rs. 5000
(Being purchase of car for business)

Is This Answer Correct ?    3 Yes 14 No

sold private car for rs 4,000 and bought a new one with proceeds for bussiess plus rs 5.000 from of..

Answer / poshalu

carA\c - 5000
To private car - 4000
To cash 1000


(being the new car purchase & Private car sold Rs.4000 &
cash paid Rs.1000)

Is This Answer Correct ?    0 Yes 11 No

sold private car for rs 4,000 and bought a new one with proceeds for bussiess plus rs 5.000 from of..

Answer / shyam

Vehicle A/c Dr 9000
To Cash A/c 5000
To Old Vehicle A/c 4000

Is This Answer Correct ?    0 Yes 11 No

sold private car for rs 4,000 and bought a new one with proceeds for bussiess plus rs 5.000 from of..

Answer / nadhiya

NEW CAR A/C DR RS.9000
TO OLD CAR A/C CR RS.4000
TO CASH A/C CR RS.5000

Is This Answer Correct ?    1 Yes 15 No

sold private car for rs 4,000 and bought a new one with proceeds for bussiess plus rs 5.000 from of..

Answer / jitender jakhmola

Sales A/c Dr. 4,000
To Car A/c 4,000



Purchase A/c Dr. 5,000
To Car A/c 5,000

Is This Answer Correct ?    4 Yes 18 No

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