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company office interior work payment paid by MD on his
personal account what is entry in company accounts book & md
personal a/c book?
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Interior (Asset & Expenes) Dr. ****
To MD a/c ****
| Is This Answer Correct ? | 15 Yes | 4 No |
Answer / anil yadva
Dr. the expense / Assests a/c
Cr. Drawing A/c
Amount invested by him.
| Is This Answer Correct ? | 4 Yes | 3 No |
Answer / rakesh verma
In the books of Company:
Furnitures & Fixtures A/c Dr.
To Managing Director A/c Cr.
In the books of Managing Director:
Company A/c Dr.
To Bank A/c Cr.
| Is This Answer Correct ? | 2 Yes | 1 No |
Answer / vikas shahi
Interior Asset & expenses a/c .....dr
To Company a/c
MD ..a/c ......dr
To Company a/c
| Is This Answer Correct ? | 1 Yes | 4 No |
Answer / nagachandra pattar
A.(in the Co. books)
Interior Asset & expenses a/c Dr XXXX
To M.D.Loan A/c XXXX
M.D.Loan A/c Dr XXXX
To Cash/Bank A/c XXXX
(when it was Paid)
B.(in the Co. books)
Company A/c Dr XXXX
To Cash/Bank A/c
Cash/Bank A/c Dr XXXX
To Company A/c XXXX
(when it was received)
| Is This Answer Correct ? | 0 Yes | 3 No |
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