If I purchased a machinary of Rs. 50,000 and Received a
free printer of Rs. 3000 . What its Accounting entry?
Answers were Sorted based on User's Feedback
Answer / mukesh goyal
Machinery a/c Dr. 47000.00
Computer a/c Dr. 3000.00
To cash a/c Cr. 50000.00
Is This Answer Correct ? | 2 Yes | 5 No |
Answer / rohit
machinery a/c dr. 47000
printer a/c dr. 3000
to cash/creditor 50000
Is This Answer Correct ? | 2 Yes | 5 No |
Answer / aleem
Machinery A/c _____________Dr 50000
To Cash A/c 50000
Is This Answer Correct ? | 0 Yes | 7 No |
for the above we have passed two different type entries
1. plant & machinery a/c. 50,000
Computers a/c. 3,000
T name of the supplier a/c. 53,000
2. Name of the supplier a/c. dr. 53,000
To Discount recd. on purchases 53,000 (Other
income)
Is This Answer Correct ? | 4 Yes | 27 No |
where can i get APGENCO jr Accounts officer test question paper
1 Answers APGenco, apspdcl, JAO,
Is there any difference between Expenses and Payments
How to maintain Purchase Orders ? Please explain by proper format.
accounting rules
What is the difference between International Accounting Standars & International Financial Reporting Standards?
SHORTCUT KEYS WITH DESCRIPTION IN TALLY7.2 PLZ ANSWER IT.
Why always Balance Sheet Tally?
What is the accounting treatment for preoperational expenses
expand S L M
Hello every one i'm going to interview for as an account profile company is construction works so plz guys help me about furthering interview question
0 Answers Capital IQ, Construction, Genpact, Real Estate,
how to calculate BEP in this problem? Sales Rs.3,00,000 Fixed Exp. Rs. 75,000 Direct Material.Rs.1,00,000 Direct Labour Rs.60,000 Direct exp. RSs.40,000
BY WHOME THE BANK RECONSILIATION STATEMENT IS PREPARED
44 Answers Capital IQ, CPT, ICICI,