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Whether purchase of a fixed asset comes in receipt & payment
account or not?
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Answer Posted / raghu.v.
If we have purchase made of Fixed asset we have record in
Journal voucher ,that,
Fixed assets a/c Dr 500
Supplier /ac Cr 500
After we have made payment to them,That,
Supplier a/c Dr 500
Cash /Bank Cr 500
| Is This Answer Correct ? | 4 Yes | 0 No |
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