Interested to Buy Any Domain ? << Click Here >> for more details...
can anyone give the journal entry with the amount
10 tv bought in the business for 1000 each, out of which
one is installed.
- 34 Answers
- 42091 Views
- Capital IQ, Genpact, I also Faced
- E-Mail Answers
Answer Posted / sudhansu dash
Hello All,
Really everything confused,
I can understand from this conversation that, on total 10
no's of TV purchased and out of that one installed. So in
this case 9 TV's are for business purposed and one for
display in the store. Then yes the entry is:
TV (Purchased) Dr. 9,000 (You can earn profit)
TV (Business Used) Dr. 1,000 (For business development)
Cr. Cash / Bank / Supplier A/c 10,000
| Is This Answer Correct ? | 0 Yes | 1 No |
Post New Answer View All Answers
what are the uniform public construction cost accounting act procedures?
define bank Draft
we can add the no. of increase in shares due to exercise of options,convertible debentures,warrants etc.Why diluted eps is calculated separately?
Expand-------------BRTS
state and explain THREE types of situation to which accounting concept might be applicable
what is Journal Entries?
cost accounting process
Expand MNS
What is the procedure to take loan
what is joint venture?
your parents have lent you $20,000 to buy a car and have told you to pay it back whenever you like in conceptual framework
what is controlership?
If a bank lends money to FFMC's for working capital requirement, whether the Bank can have charge on the currencies FFMC deal/exchange, by way of hypothecation or is it just a clean loan.
Why in a cash book receipts are debited while the same if received in our books recepits are credited. Why does cash book have a rule to debit receipts and credit payments. For example if am paying the cash that i owe the company or firm i debit in my books(cash) on the debit side and should credit in the cash book but i cant do that cash book take receipts on the debit side as per the general . please clarify many thanx in advance
capital introduced by partners? how it will be shown in tally? (i.e.at the place of Account what we have to post) (at the place of particulars what we have to post) (in which vocher we can post it)
