Interested to Buy Any Domain ? << Click Here >> for more details...
if i bought 10 car @ Rs1000 each.one car i used for office
use then what will be the entry?
- 26 Answers
- 27102 Views
- ABC, Genpact, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / karan singh mba
10 cars are brought k, one car is used for office rest 9
cars are bought for personal use, anything which is
personal comes under drawings, so the entry would be,
car a/c dr............1000
drawings a/c dr........9000
to cash a/c cr..............1000
| Is This Answer Correct ? | 0 Yes | 1 No |
Answer / satish
car a\c .............dr 10,000
to, cash a\c.........cr 10,000
| Is This Answer Correct ? | 0 Yes | 1 No |
Answer / selvam
Cr. Cash A/c 10,000.00
Dr. Fixed asset A/c 1,000.00
Dr. Stock 9,000.00
| Is This Answer Correct ? | 8 Yes | 11 No |
Answer / a.p.mohapatra
purchasea/c Dr 9000
Cara/c Dr 1000
TocashA/c 10000
(Being cars purchased for sale and one for office use)
| Is This Answer Correct ? | 6 Yes | 9 No |
Answer / a.balajee.rao
car a/c.......................Dr 9000
purchase A/C..................Dr 1000
To Cash A/C...................Cr /10000
| Is This Answer Correct ? | 2 Yes | 5 No |
Answer / narra.ram reddy
cars was purchased for office purpose so it is not purchase A/c
so the entry is
fixed asset A/c ..........Dr 10000
To Car A/c 10000
because Fixed asset was come to office so Dr,car company
was gives cars so Cr
| Is This Answer Correct ? | 1 Yes | 4 No |
Dr. Purchases A/c
Dr. Vehicle A/c
Cr. Cash A/c
( Being amount paid angst the purchses )
| Is This Answer Correct ? | 5 Yes | 9 No |
Answer / krishna mohan
purchase a\c dr
car a/c dr
to cash a\c
being cars purchased
| Is This Answer Correct ? | 2 Yes | 6 No |
Answer / jyoti agrawal
asset a/c dr 10000
drawings a/c dr 90000
to cash a/c
| Is This Answer Correct ? | 1 Yes | 5 No |
In what cases can Convertible bonds be considerred as derivatives?
difference between options and futurs
5. What is cost of goods sold?
EXPAND______________OECD
a company sold an equipment for $8600, but the actual book value of the machine was $8000, pass journal entry
what is non stock?
What Is The Limitation Of Remuneration Allowed If Book Profit Is 375850 In A Business Firm And In A Professional Firm?
Pls Give me Solution for me. Bcz i m persuing b.a iii But now i m working in accounts . So what i do In future .
HI, FREINDS, I WANT TO KHOW IS THE CFP (CETICFIED FINANCIAL PLANNER) IS A GOOD COURSE, IS THEY ANY INSISTUTE IN HYDERABAD,IF ANY ONE DOING THIS COURSE PLEASE REPLY ME.
hi, what type of questions are asked in capital iq interview .plz let me know. thanks... venkat...
What is Inventory Control?
2 Answers Industries Promotion Officer, Lanco,
Mr. X buys an asset of Rs. 1000/- in cash and with it get an free gold coin what is the general entry for this?
Audit 
