Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


Purchases entry?

Answers were Sorted based on User's Feedback



Purchases entry?..

Answer / megha nair

purchase A/c Dr
To A A/C

Is This Answer Correct ?    5 Yes 0 No

Purchases entry?..

Answer / suvabrata sarkar

1) Purchase on credit:--
Purchase a/c .......Dr
To Supplire/Vendor a/c

2) Purchase on cash:--
Purchase a/c .......Dr
To cash a/c
3) Parchase (if mentioned goods i.e. furniture, pen etc.)
on cash
Furniture/pen a/c.......Dr
To cash a/c

Is This Answer Correct ?    5 Yes 0 No

Purchases entry?..

Answer / shiva

purchase A/C. Dr
to Supplier/Vendor A/c.

Is This Answer Correct ?    3 Yes 0 No

Purchases entry?..

Answer / preeti piplani

Purchase in cash:----
Purchase A/c Dr
To Cash/Bank
Purchase in Case of Credit:---
Puechase A/c Dr
To Creditor

Is This Answer Correct ?    2 Yes 0 No

Purchases entry?..

Answer / shreeram

purchases(goods) a/c dr
To cash a/c

(Being purchased on cash)

purchased a/c dr
To supliers a/c

(being purchased on credit)

Is This Answer Correct ?    2 Yes 0 No

Purchases entry?..

Answer / konda reddy

Purchase A/c Dr

To Supliers A/c Cr

Is This Answer Correct ?    0 Yes 0 No

Purchases entry?..

Answer / srikanth

Purchases may be cash Purchases or Credit purchases.
If you purchase the goods for cash/ bank then the entry
will be-

Purchases A/c dr
To cash / Bank A/c

If you purchase the goods on credit basis, then the entry
will be-

Purchases A/c dr
To Supplier A/c.

Is This Answer Correct ?    0 Yes 0 No

Purchases entry?..

Answer / mahendra

BY PURCHASE A/C DR. ------
TO CASH/CREDIT CR. --------

Is This Answer Correct ?    0 Yes 0 No

Post New Answer

More Accounting General Interview Questions

rate of vat on gold purchase local & o.m.s. & rate of % in sale local & o.m.s.

0 Answers  


what is monthly final accounts and analysis

1 Answers  


I would like to know about advance payments to creditor & advance received from debtors in Tally ERP 9. For example, what are the ledgers should I create & what are the steps ? And please inform me what vouchers should I use for advances, for example ( payments, receipts and journal). Thank you.

1 Answers  


What is the basic entries of cash and bank with a trading company.

1 Answers   F4, SMGT,


types of account

1 Answers  


How many indian accunting

2 Answers  


where should the closing stock amt will effect in p & l & in b/s

8 Answers   Google,


claim of workers pf esic contribution as expenditure in profi & loss a/c under head manufacturing or Administrative exp ?

2 Answers  


What is tally and its features?

0 Answers  


You own 50 shares of reliance indu. On 30th Jan 2013 Reliance indu.delcared a dividend fo rs 4 per share. The proceeds were credited to your bank account on 25th March 2013. Payment fo dividend was subject to a withholding tax 2%. Please pass the necessary journal entries in your books of accounts for the period Jan and March 2013.

0 Answers   AXA Business Services,


any example should cover all three types of accounts in one entry

2 Answers  


Futures

2 Answers   Bank Of America,


Categories