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What will be entry if company purchase a dog for ware house?

Answers were Sorted based on User's Feedback



What will be entry if company purchase a dog for ware house?..

Answer / basavaraju

live stock account .....Dr.
to cash a/c
(being Dog purchased for cash to watch the warehouse )

Is This Answer Correct ?    36 Yes 4 No

What will be entry if company purchase a dog for ware house?..

Answer / sahail bin mohammed

Live Stock A/c Dr
To Cash A/c

{This is the asset purchsed by the owner and also it can
sell by the owner when it is not required. so we can
consider this dog as an asset thats why we are debiting the
live stock.

Is This Answer Correct ?    14 Yes 0 No

What will be entry if company purchase a dog for ware house?..

Answer / akhil

Live Stock a/c Debit
To cash

Is This Answer Correct ?    4 Yes 0 No

What will be entry if company purchase a dog for ware house?..

Answer / durga bhavani

miscellonous exp ac......dr
TO cash ac

Is This Answer Correct ?    14 Yes 14 No

What will be entry if company purchase a dog for ware house?..

Answer / manoj thakur

Security Expenses A/c Dr
Cash/bank Cr

Is This Answer Correct ?    6 Yes 7 No

What will be entry if company purchase a dog for ware house?..

Answer / satyaki_raju@yahoo.com

ramya unnecessarily you are decreasing the value of
purchases
Mr Praveen Sharma I dont know why you are bringing
Miscellaneous expenses into light
Mr Anil Goutam why you are debiting business expenditure as
drawings account
think well before you answer anything

Is This Answer Correct ?    1 Yes 3 No

What will be entry if company purchase a dog for ware house?..

Answer / kishore berty

Expense a/c Dr
To Cash

Is This Answer Correct ?    0 Yes 2 No

What will be entry if company purchase a dog for ware house?..

Answer / pravin sharma

live stock (assets) a/c Dr
to cash

(purchase dog is a live stock assets )

Is This Answer Correct ?    3 Yes 7 No

What will be entry if company purchase a dog for ware house?..

Answer / anil

fixed assets a/c.........................Dr
to cash/bank a/c
(Being an asset bought.)

Is This Answer Correct ?    2 Yes 6 No

What will be entry if company purchase a dog for ware house?..

Answer / krishna rao

SECURITY A/C DR
CASH/BANK A/C CR

BECAUSE DOG PURCHASE FOR SECURITY PURPOSE,HENCE SECURITY
A/C WILL BE DEBIT & CASH & BANK A/C WILL CREDIT.

Is This Answer Correct ?    2 Yes 7 No

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