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
Answers were Sorted based on User's Feedback
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 |
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 |
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 |
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 |
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 |
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 |
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 |
Explain what is bank reconciliation?
Detail your responsibilities in accounts receivable
what are the items falling under the category of reserves and surplus? whether bills of exchange is a reserves and surplus item 2.whther errors of omission will affect the trial balance
What did you meant by Debit and Credit?
How to Finalized Accounts? Please Guide.
What will be the journal entry for good lost by fire. How many entries will be passed in the books of account for the same.
29 Answers IBM, MTM,
what is mean by DDU SHIPMENT AND DDP SHIPMENT
what is profit and loss(dr) in cash flow statement?
what is the meaning of ratio? Types of ratios?
hi m freshe working as a account assistance. i want know about accounts, what is balance sheet, profit & loss a/c, trail balance? why these are require to company? how can i know about full account work in tally? what should i do everyday? how to finalisation calculting? kindly explain please..
What is bank reconciliation statement?
what is the entry of tds when rent received for debtors ?