sold some office equipment of rs 1,300 (proceeds beingreceived
as rs 700 by cheque and balance in cash) and paid the cheque
into his private bank .
what will be the journal entry
please give answer when you sure about it thanks
Answer Posted / mithin
bank a/c dr 700
cash a/c dr 600
to office equipment 1300
| Is This Answer Correct ? | 6 Yes | 5 No |
Post New Answer View All Answers
on the basis accounting,acounting is divided in to how many classes and what are they?
sir what is the depreciation and how to calculate depreciation as per company books, i need as per IT ACT, AND Companies Act give me clarification with example
If A Company pays amount thru bank for a supplier deducting tds on behalf of B company. Accounting entries to be made in company A and B
What does overhead mean in regards to accounting?
are tpt, freight & packing charges part of sales & purchase ??
Kindly define necessary ledger is to maintain in excise. Kindly define how we maintain P.L.A
Explain which accounting application you prefer most and why?
What's the accounting entry when an Invoice is created in AR?
Tell us depreciation and its types?
1. how to pass TDS entry in tally 2. how to pass service tax entry in tally 3. how to pass depreciation entry in tally 4. what is percentage in TDS and service tax
is WCT aplicable on educational institutions also??????
Are you comfortable with cold-calling?
Suppose you buy a one-year government bond that has a maturity value of Rs.1000. The market interest rate is 8 per cent. (a) How much will you pay for the bond? (b) If you purchase the bond for Rs.904.98, what interest rate will you earn from this investment?
on what rate depreciation will be calculated?
What are the effects when intangibles and tangible assests decrease