machinery purchase of 10000 plus transportation 800
what will be the journal entry
Answer Posted / vijay
Machinery a/c dr 10000
Transportation charges a/c dr 800
To party a/c 10800
( Being machinery purchased)
| Is This Answer Correct ? | 7 Yes | 2 No |
Post New Answer View All Answers
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.
whether bills of exchnge can come under the category of reserves and surplus
WHAT IS CORE ACCOUNTING, GROUP CONSOLIDATION ? CONSOLIDATED ENTRY. COULD YOU GIVE ME AN EXAMPLE
What is icai?
What are the AP accounting entries for EXPENSE ITEM VS Inventory Item in oracle ERP
record the following transaction in the various books of accounts F Black loan us $5000 paid by cheque.
What will be the journal entry of purchase and sale for ac purchased for 40000 vat 5% sold for 45000 vat5%
Hey can any body tell me..What are negative assets?
There are two Business areas 1100 and 1200. I need to pick 1200 b.areaonly While enter the transaction? could any one please post the answer for this.
what is miscellaneous expenditure??
"Closed Period" method. our current company method of accounting is called the "OPEN PERIOD". It's time we'd like to use the "CLOSED PERIOD". What is the standard timing and detailed procedure for closed period most of the company have been used. Please advise. thanks.
my interview is on tuesday so i just want to know everything about the interview like which type of question they will ask me as i completed m.com . please helm me plz plz
How to calculate ESI Please define what include in basic salary and what should be excluded from basic salary
Why Company maintain's books of account?
what is a state cheque? how it differes from stale cheque?