Mr. A purchased a car worth of rupees 2,00,000 on cash than
what would be the entry
- 13 Answers
- 13577 Views
- TATA, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / dharmendar singh rawat
Car A/c ...... Dr. 2,00,000
To Cash A/c ...... 2,00,000
(being car purchased on cash by mr. A )
| Is This Answer Correct ? | 7 Yes | 0 No |
Answer / nishi
Car a/c Dr. 200000
To cash a/c 200000
(Car purchased by Mr. M on cash)
| Is This Answer Correct ? | 7 Yes | 1 No |
Answer / smitha
Car Purchases A/c Dr 200000.00
To Cash 200000.00
(Being Mr. A purchase car for Rs.200000/-)
| Is This Answer Correct ? | 5 Yes | 1 No |
Answer / anasuya.d
car a/c dr
TO cash a/c cr
(being car purchased by Mr.A on cash
due to car is a fixed asset so instead of purchases we
should debit to car)
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / jaiky jain
Purchase a/c..... Dr
To Cash a/c
(Being car purchase)
If the car is purchase as an stock in trade Item, then the
above entry should be passed.
If it is an asset then
car a/c.... Dr
To cash a/c
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / sujit kumar singh
Car a/c dr 200000
cash a/c cr 200000
BECAUSE WHICH COMES WILL BE DEBIT, WHICH GOES WILL BE
CREDIT
| Is This Answer Correct ? | 4 Yes | 4 No |
Answered but misspelled pl correct HELPS US TO KNOW THE FINANCIAL POSITION OF THE BUSINESS (ANS.EEECNALABSHT)
Why are there 30 blue-chip companies only considered in bombay stock exchange.And why those thirty only effect the sensex
what is importance of accounting?
HOW TO CALCULATE NAV? If investment Rs 70000 ( unit 1689.197), dividend recd.Rs.10135.18
fiscal year variant Vs posting period variant
i have one doubt. i purchases of fixed assets from other state the value 5 lack. the transpotation cost of 50 thousand now the value of fixed asstes is 550000 or only 5 lack, it is right or worng .. pls cleare my question
What is re-financing in Letter of Credit settlement
What is mean by Forex accounting
how to do finalisation of accounts
What is deffered income
Under the accrual basis of accounting incomes are recognised at the time -------------------
what is the step in preparing the schedule of audit? can someone explain for me?
Audit 
