Purchased good from Sreenivasan company for personal use Rs.50000
What is journal entry
Answer Posted / mohit.etah
Purchase a/c Dr. 50000
To Sreenivasan 50000
Drawing A/c Dr. 50000
To Purchase A/c 50000
| Is This Answer Correct ? | 5 Yes | 2 No |
Post New Answer View All Answers
Cash Processing
Explain fictitious assets?
what are the disadvantages of back-flush accounting?
Can you differentiate accounting and auditing?
what are the different types of expenditures considered for the purpose of accounting?
which type of questions did HR Manager ask and what are the answers
The claim recoverable has been settled with the insurance company for 2000.what is the actual stock lost value? Please give me in calculation.
Explain me what is tally accounting?
what is valuation code and valuation modifier in sap fico
What is tds and how it is calculated?
What are assets minus liabilities?
How many accounting standards are currently published?
What are the activities that are included in the cash flow statement?
What is the difference between Open Items and Reconciling Items on a Balance Sheet Reconciliation?
What are the nine accounting cycles?