if i bought 10 car @ Rs1000 each.one car i used for office
use then what will be the entry?
Answer Posted / rajni
only one car is buy for official purpose and others for
personal use so it will be drawing and journal entery will
be...
car a/c dr. 1000
drawing a/c dr. 9000
to cash a/c 10000
| Is This Answer Correct ? | 35 Yes | 0 No |
Post New Answer View All Answers
define bank Draft
Hi, I would like to check if my understanding is correct I have a negative amount for provision of income tax in my balance sheet from my previous financial year.What are the accounting treatments for income tax paid and then refunded to you for the current year? Is this correct? For payment Dr provision of income tax cr bank For tax refund Cr provision of income tax Dr bank Do I need to input anything in income tax expense acct?
i have working in contruction company i want billing outside delhi pls. tell me can i bill with tax invoice party provide tin no.
what is assessment? how many types of assessment will be there? and what is the documents and preparations for sales tax, service tax assessments??
where we have file E-returns in SAP FICO-CIN/Wtax?
all of interview question about coop bank of oromia
1. what is responsibility of inword & forward agent ? 2. how to control cash expenses give five step ? 3. what is Vat 3. how many type of depreciation
Nike,Inc. has developed a variable-overhead rate of $10 per machine hour,and estimates fixed overhead $250,000 for production up to 100,000 units per year. If the production manager estimates 9,000 machine hours for the production of 90,000 units next year, what are estimated variable-overhead costs?
types of inventory
You are required to show the effect of each of the following changes on profit and Break-Even-Volume from the information given below: Sales 50,000 units Rs. 5.00 per unit Variable cost Rs. 3.00 per unit Fixed cost Rs. 70,000 Changes: (i) Price changes by 20%. (ii) Volume decreases to 40,000 units. (iii) Variable cost increases to Rs 3.50 per unit. (iv) Fixed cost decreases by 10%.
why do you think you are sutable candidate for this post
What problems might be encountered if there were no accounting standards?
Can i make invoice when my client apply for TIN Number ?
explain about mergers & aquisitions? asked on 30/7/09
In what cases can Convertible bonds be considerred as derivatives?