Interested to Buy Any Domain ? << Click Here >> for more details...
WINDOWS SOFTWARE PURCHASES FROM MICROSOFT BY PAYING A
CHEQUE OF RS. 35000/- FROM AXIS BANK LTD. PASS THIS JOURNAL
ENTERY
- 13 Answers
- 15818 Views
- I also Faced
- E-Mail Answers
Answer Posted / ajith
Computer Software A/c Dr 35000 (Asset A/c)
Microsoft A/c Cr 35000 (Sundry Creditor A/c)
N: Being computer Software purchased from Microsoft
| Is This Answer Correct ? | 0 Yes | 12 No |
Post New Answer View All Answers
What is mis report , how to prepare mis report for general ledger?
on 02/05/2013 issued a cheque to third eye ltd of Rs.14000/- in full and final settlement against the due on amount
What are a debit note and credit note with an example?
Capital reserve is - a) real account b) nominal account c) personal account d) none of them
What is the difference between accumulated depreciation and depreciation expense?
journal entry for prepaid insurance and salary outstanding
Describe me accounting rules
What is the difference between Open Items and Reconciling Items on a Balance Sheet Reconciliation?
A motor car purchased on 1 apr 10 worth rs 10000 taking a loan from bank of rs 8000. Emi will b 500 pm inclusive of interest rs 100 pm.all repayments are done by bank overdraft. Prepase bshEet & P&L as at 31 mar 10
Please explain the difference between provision and reserve?
Follow up ageing balances of Debtors & Creditors and also Inventory
A firm had the following Balances on 1 January 1994: (i) Provision for bad and doubtful debts Rs 2,500 (ii) Provision for discounts on debtors Rs 1,200 (iii) Provision for discounts on creditors Rs 1,000 During the year, bad debts amounted to Rs 2,000, discounts allowed were Rs 100 and discounts received were Rs 200. During 1995 bad debts amounting to Rs l,000 were written off while discounts allowed and received were Rs 2,000 and Rs 5,000 respectively. Total debtors on 31 December, 1995 were Rs 48,000 before writing off bad debts, but after allowing discounts. On 31 December, 1995, this amount was Rs 19,000 after writing off the bad debts, but before allowing discounts. Total creditors on these two dates were Rs 20,000 and Rs 25,000 respectively. It is the firm’s policy to maintain a provision of 5% against bad and doubtful debts and 2% for discount on debtors and a provisions of 3% for discount on creditors. Show the accounts relating to provisions on debtors and provisions on creditors for the year 1994 and 1995.
What is absorption costing with defination? and what is marginal costin with defination?
What is a cpa?
Tell me what does the investment of personal assets by the owner will do?
