Interested to Buy Any Domain ? << Click Here >> for more details...
paid rs 60.000 cash on the purchase of equipment costing
80.000 the remaining amount payable with interest rate of 9%.
what is the journal enry
- 8 Answers
- 13714 Views
- Genpact, I also Faced
- E-Mail Answers
Answer Posted / manish goel
Equipment A//C Dr. 80000
Interest A/C Dr. 1800
To cash A/C 60000
To cash With 9%Interest A/c 21800
| Is This Answer Correct ? | 1 Yes | 1 No |
Post New Answer View All Answers
under which head should be the p & l appropriation a/c should be opened in tally 9? and how to preapare and display it?
What is general ledger account?
SIR HOW MANY FORM USE FOR COMMERCIAL TAX & WHAT IS THEIR USES. PLEASE GIVE YOUR SUGGEST
Tell me what would you say are the most important qualities of an account manager?
my assessment says that I must post a dishonoured cheque in the general journal not a specialised journal how would I write that I know bank would be credited but what account would be debited???
what is contribution? how does it help in taking managerial decisions?
i had taken one year gap in completing my graduation bcom should it be considered as backlogs i dont have any kt or anything else i have passed all exam in one trial
How can pass reverse entry to close the account. If the Asset sides is greater then liabilities side and vice versa, then what can I do.
Explain dual aspect term in accounting?
What is accounting period?
Were i have to enter for agreements in tally and in which ledger it will come
a company recive 5 demand draft in different parties 2 DD sumittted to bank for collection and it's collected. what is the closing entry of other 3 DD in the company on that date?
WHAT ARE THE DIFFICULT ELEMENT OFF JOB
please tell me when co. owner invest money in his family members bank a/c. not any transaction came in business can we do this bank statement in tally ?
what is profitability ratio and dividend policy ratio
