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WINDOWS SOFTWARE PURCHASES FROM MICROSOFT BY PAYING A
CHEQUE OF RS. 35000/- FROM AXIS BANK LTD. PASS THIS JOURNAL
ENTERY

Answer Posted / nichit pandurang

1)Asset Booked Thrg JV
Software (Asset)A/c Dr 35000
Micro soft A/c CR 35000
2)Payment entry to party
Micro Soft Dr 35000
Axix bank Cr 35000

Is This Answer Correct ?    19 Yes 0 No



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