10 tv's purchased from x- company for cash out of that one
tv is damaged what is the entry we done in tally?
Answers were Sorted based on User's Feedback
(if t.v. add in goods)
purchase A/c xxx
Cash A/c xxx (cost of purchase 10 t.v)
damage A/c xxx
purchase a/c (cost of damage t.v)
(if t.v. add in fixed assets)
t.v a/c xxx
cash a/c xxx (cost of 10 t.v.)
losses from damage a/c xxx
t.v. a.c xxx (cost of 1 t.v. & Damages t.v)
| Is This Answer Correct ? | 7 Yes | 1 No |
Answer / mahendar
purchase a/c dr
loss on purchase a/c dr
To cash a/c
| Is This Answer Correct ? | 4 Yes | 0 No |
when t. v purchased
purchase a/c dr
(amount of 10 t.v)
to cash a/c
after purchased of t.v
loss by damage a/c dr
(damaged t.v amount)
to purchased a/c
if t.v =fixed assest
fixed assest (t.v) a/c dr
to cash a/c
loss by demage (t.v) a/c dr
to fixed assest a/c
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / suri
loss by Damaged A/c Dr
To Purchase A/c(If T.V is Goods)
or
Loss by Damaged A/c Dr
To T.V A/c (When T.V is Fixed Asset)
Note:- If the Amount of Damaged T.v from X - Company
then ...
Cash A/c Dr
To loss by Damaged A/c
| Is This Answer Correct ? | 3 Yes | 4 No |
Answer / vinod rathore
Purchased a/c Dr
To X-Company a/c
Loss due to damage a/c Dr
To Purchase a/c
| Is This Answer Correct ? | 4 Yes | 7 No |
Answer / raju gupta
cash a/c Dr. xxx
To TV A/c xxx
Tv A/c Dr. xxx (Amount of damage tv)
to Sales A/c xxx
| Is This Answer Correct ? | 0 Yes | 12 No |
Please give me as example of service tax & Vat Posting through Tally.
What is earning per sahre? how does it impact the share holder?
WHY U HAVE CHOOSE ICWA WHY NOT CA
which is the first bank established in india?
describe any accounting process that you have developed or revised
Tell us what is your proudest accomplishment?
Can we Put "TAX INVOICE" in the sale in Transit (E1) Invoice.
What does it mean to do accounting training outside of public practice?
Dear sir, please tell me how to calculate p.f ( provident fund)?
Purchase order value Rs. 10000/- 0.7% is erection chareges (inclusive of the above price) central Excise applicable & Local sales tax applicable,The above price is inclusive of all taxes.
rents part of its building for a monthly fee of $1,250. The rent for the month just past has not been received.
Credit purchase entry