WHAT WILL BE ENTRY IF COMPANY PURCHASE A DOG FOR SECURITY
PURPOSE?

Answer Posted / piyush trivedi

Dog Purchased for business use.


Living Stock a/c dr. xxxxx.xx -------- (Fixed Asst.)
Cash -------- xxxxx.xx
(Being dog Purchased)
================================================

Dog died.

Loss by Living Stock a/c dr. (indirect Exp.)
To Living Stock (fixed Asst.)
(Dog died)

Is This Answer Correct ?    1 Yes 4 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what is the new rate of c.s.t in uttraklhand

1892


Alex’s Trial Balance at 31 December 2015 Dr (BWP) Cr (BWP) Capital 18 240 Bank overdraft 3 000 Fixtures and fittings 14 100 Provision for depreciation-fixtures and fittings 8 800 Inventory 14 200 Trade receivables 12 300 Trade payables 9 900 Revenue 110 000 Purchases 51 000 Discount received 1 800 Wages and salaries 26 000 Sundry expenses 34 000 Discount allowed 620 217 540 ======= 86 420 ======== Required: i Prepare the corrected trial balance at 31 December 2015. (7 marks) ii Show any difference you find as a balance on an appropriate account.

1415


What are the effects when intangibles and tangible assests decrease

1665


What are the elements of the accounting equation?

651


What is a ledger? What do you mean by ledger posting?

651






Tell me what is gaap?

613


what is bank aceleted?

1654


how to calculate the per unit cost of production

1235


is we can prepare any account for partnership in tally

3238


Q1.How depreciation deffer from depletion? Q2.show the main benefit from calculating and recording depreciation.

1459


How to prepare in yearly turnover?

1666


How to treat company managers personal expenses met by company if he is not taking salary from company and in future salary will be payable after deducting all personal expenses (salary amt will be decided only at paying year). pass journal entries

1444


i need clarification about tds will be calculate before deductions or after deductions on gross salary+incentive

898


whether bills of exchnge can come under the category of reserves and surplus

1365


1)What is E-1 Sales (Sales in Transit) Full Guidence From Issue to receipient. 2) What is F Form How Are procedure

1356