PURCHASE AN OFFICE BUILDING FOR RS 1,50,000 IN CASH. THE
BUILDING IS VALUED AT RS 1,10,000 AND REMINDER OF THE VALUE
IS ASSIGNED TO LAND.
WHAT WILL BE THE JOURNAL ENTRY
Answer Posted / shiv sharma
Building A/c Dr. 1,10,000
Land A/c Dr. 40,000
To Cash A/c. Cr 1,50,000
Is This Answer Correct ? | 6 Yes | 0 No |
Post New Answer View All Answers
what is cost center & cost categories in tally
why i want to join Hawkins company
what is mean by sample account and data transfer rule in SAP FI?
What do u mean by press releases
what is the due date of 28th feb
What are bills receivable?
Ledger Enteries
Entry Tax is Central Income or State Income. Which Challan this tax deposited ? In Sale Tax Return which column is shown this tax
Are you comfortable with cold-calling?
suppose we received goods from H.O.The sisterconcern received it.wat will be the entries if tge S.C.sells it from here.
How we will dabit profit & Loss a/c in tally because profit & Loss a/c is tally generated a/c. we have to make provision for tax.
What is the depreciation rates for all the assets?like plant & Machinery,computers,software,land & buildings
The main financial accounting statements?
Who created snapit accounting?
How do I record a prior year property tax refund on sale of asset due to overvaluation