Hi Everybody,
i would like to know the journal entry for the below
question,
1). One color Tv is taken by proprietor for Personel use.
also in TALLY Accounting package how i can post,if it is
drawings,under which account, please let me know.
Thanks,
Answers were Sorted based on User's Feedback
Answer / amit chakraborty
1)The entry will be:
Drawings Dr
To Cooler Tv
2) In tally, the group of the a/c drawings will be- Capital
Is This Answer Correct ? | 3 Yes | 7 No |
Answer / vadeendra
Accounting entries will be only for those transactions which
can be expressed in monetary terms. so there will not be any
entry for this transaction.
Is This Answer Correct ? | 0 Yes | 5 No |
what is p.f filing date pls tellme friends......?
On goods purchases of Rs.2,00,000 got trade discount of 20,000 from supplier, and the amounts paid to supplier is 1,00,000 in cash and RS.1,00,000 in check on the same day, what would be the general ledger entry ?
Whether we add or not the Insurance policy premium of vehicle in asset value?
how to pass journal entry for credit card a/c in tally erp 9 How to generate in tally erp9 for credit card account new
X is multiplied with 10 or divide with 10 then he will get 100. then x=?. (Praveen MBA)
what is golden rules of account?
exchanged old furniture for new,the value of old furniture was rs 350 while the vaue of new furniture was rs 900 balance paid in cash what will be the journal entry according to you
2 Answers Chartered Accountant,
In the Manufacturing IF QC reject the material. Then where to record rejected material amount.
Should purchase of Hard Disk and DVD be capitalised?
Which of the following errors are not revealed by the Trial Balance: (a) compensating errors; (b) errors of commission; (c) wrong balancing of an account; (d) wrong totalling of an account
Is accounts payable and bills payable the same?and B/R & A/R the same ?
What do you mean by Accounting ?