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can anyone give the journal entry with the amount

10 tv bought in the business for 1000 each, out of which
one is installed.

Answers were Sorted based on User's Feedback



can anyone give the journal entry with the amount 10 tv bought in the business for 1000 each, out..

Answer / amol

TV A/c.......dr. 1000
Purchase A/c......dr. 9000
To capital 10000

Is This Answer Correct ?    6 Yes 17 No

can anyone give the journal entry with the amount 10 tv bought in the business for 1000 each, out..

Answer / kishore vamsee.b

Purches A/c Dr 10000
To vendor 9000
Add instaled 1000 10000
.....
(Being 10tvs purchsed@1000, from which 1 was instaled )

Is This Answer Correct ?    3 Yes 31 No

can anyone give the journal entry with the amount 10 tv bought in the business for 1000 each, out..

Answer / prem

Purches A/c Dr 10000
To cash A/c 9000
Add preinstalled 1000 1000
.....
(Being 10tvs purchsed@1000, from which 1 was yet)

Is This Answer Correct ?    3 Yes 36 No

can anyone give the journal entry with the amount 10 tv bought in the business for 1000 each, out..

Answer / mithun

TV A/c Dr 10000
to capital a/c 10000

Is This Answer Correct ?    2 Yes 36 No

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