Mr. A purchased a car worth of rupees 2,00,000 on cash than
what would be the entry
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 |
Under which headings the following transaction appear in bank reconciliation as on 30.06.03 particulars Interest debited by bank Chq issued to suppliers not appearing in bank statement Chq deposited not appearing in bank statement Income not accounted in books appearing in bank statement
paid two years rent N1200, bought Motor van for cash N3000
Expand---------BDCS
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