can anyone give the journal entry with the amount

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

Answer Posted / 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



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

i have need full detail of tds rules and forms submitted dovetails

1576


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?

1264


All shot cut key use in the tally software & it's uses

1620


We are running an educational institution in Karnataka,India. Is there any ceiling stating that if gross salary is upto this then only incentive or bonus can be paid?

1607


Please suggest the manual records needed to be maintained at NGO/CBO to record the transactions of accounts & inventory. Please also mention the need & purpose of each records/books

1839






what is debit/credit note ? what deffered income and expencess?

2293


Assets are held in the Business for the purpose of____________________

1774


Hi friends can you send me the Accounting Interview questions with a interview experienced questions please

1753


what is mba tell me the more benefits in mba

1610


What is the working formula for Inventory turnover

1540


what are valuation accounts?

1585


Expand SOIT

1460


What is intangiable asset?Which contents are to be verified during cheking the Transporters' bills?

1728


If income and expense both are equal then what it depicts

1531


how to calculate share values of a company.

1677