The jouranl entry of purchage of fixed assets are assents
a/c dr. to cash/bank account why we not make journal entry
for this is purchage a/c dr. to cash/bank .
Answer Posted / rutuja
if we are done purchase a/c dr
to cash a/c
this entry will make effect on purchase i.e purchase will
increase & cash bal will decrease hense there will no any
effect on current asset
| Is This Answer Correct ? | 3 Yes | 9 No |
Post New Answer View All Answers
Who is the sundry creditors
what are the extraordinary items?
What are the 4 phases accounting?
hi for all i completed Mba finance in 2008.then i got a job in kpo capital iq as jra for 1 year than i left it and done a course sap fico so now looking for a job in sap how to approach? pls give me answer
1.WHAT IS BRS? 2.WHY DO WE PREPARE BALANCE SHEET? 3.WHAT IS TRIAL BALANCE? 4.WHAT IS VENTURE CAPITAL? 5. WHAT IS DEFFERED REVENUE EXPENDITURE?
X, PURCHASE HOUSE PROPERTY IN 2005, RS 400000,AND SALE IT IN2010, RS 1800000,IF X HANDICAP, AND IN 2008 MADE SENIOR CITIZON, HOW CALCULATE IT?
If a prospective client kept presenting you with excuses not to buy, what would you do?
pass journal entry for Prepaid insurance
During execution of Works Contract,If Contractee(Customer) supply goods to contractor, then it should be shown in Invoice as deduction or no need to show in Invoice.
what is service tax & excise? How will it be charged?
Do you know compound journal entry?
sir , i am very confussing enrty for cash receipts in t code fbcj. do the effect on wbs element after selected wbs ?
what are the disadvantages of back-flush accounting?
What is vendor?
swagat staryed business on 1st jan 2005 with cash on hand Rs. 10000