We have bought a vehicle amounting and take a loan from
bank and some part has been paid by Cash.
Answer Posted / aaqil siddiqui
assests a/c dr
to cash a/c
to bank
| Is This Answer Correct ? | 13 Yes | 1 No |
Post New Answer View All Answers
Explain things that fall under intangible asset?
under the modified cash basis of accounting, most revenues and expenses are recognized on the cash basis. Which one of the following items is an EXCEPTION to this accounting practice? a.Advertising b.Professional Fees. c.Supplies d.Rent
What do you mean by balancing of ledger account?
What is fiduciary accounting?
sir, I wanted to know what is the difference between cash and cheque payment in terms of tax.
What is the difference between a provisions and reserves?
Explain which account is responsible for interest payable?
how to see reoprt of miro booking in SAP FI
HOW DOES THE ROLE OF THE MANAGEMENT ACCOUNTANT COMPLIMENT THAT OF THE FINANCIAL ACCOUNTANT
WHY CST CHARGED BILLS ARE RETAIL INVOICES.IT CANT BE TAX INVOICE.
What is service tax & excise?
What is ppe in accounting?
Define executive accounting?
What is balance sheet and off balance sheet?
Is there Disqualification of Auditor u/s 139 of Companies Act 2013 if the auditor is indebted towards the company to be appointed as an auditor, if amount exceeds more than Rs.1000 as against the provision related to Companies Act, 1956 ?