Hi Everybody,
i would like to know the journal entry for the below
question,
1). One color Tv is taken by proprietor for Personel use.
also in TALLY Accounting package how i can post,if it is
drawings,under which account, please let me know.
Thanks,
- 12 Answers
- 11724 Views
- I also Faced
- E-Mail Answers
Answer Posted / jishadali
it can be done either
as
Dravvings a/c...........Dr
to Capital
OR
1. TV a/c..................Dr
to Capital
(purchase from capital) &
2. Dravvings a/c...........Dr
to TV
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
What can be done incase of excess payment of TDS Remittence than the actual amount? Is there any adjustment towards the excess amount with the upcoming TDS payment? Reference of last quarter challan should be shown while adjusting in next quarter?
iv, A non -performing asset is A, Money at call and short notices b, An asset that ceases to generate income c, cash balance in till d, none of the above
as per partnership deed, salary to working partner is rs 8000/ per month (96000 annually), suppose if i have book profit of rs 50000/ only,then what is the procedure to give salary
if we have provision for bad debts and RDD then on which amount we have to calculate RDD original or deducted?
why creditors a/c dr. to discount received a/c ?
Explain me bills receivable?
how intangible assets are entered in B/s. plz send me the answer of this question in my e-mailid-prabhatsingh873@gmail.com
what is consignment entry?
What is the equation for acid-test ratio in accounting?
For example for formation of a new company/offshore company you need to show paid up capital of 100K but you don't have 100K you as a director borrow loan of 100K from 3rd party and deposit in the bank as paid up capital and issued shares of 100K in director name. After one week you return back 3rd part loan. What are the entries in the books?
Tell me how many types of business transactions are there in accounting?
Please provide me the entire format of P.F. & ESI
what is the difference between accounting and bookkeeping?
What is the difference in accounting and marketing and what is so different about them?
Where do we create House banks and what is the process in sap fico
