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



10 tv's purchased from x- company for cash out of that one tv is damaged what is the entry we..

Answer / vivek

(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

10 tv's purchased from x- company for cash out of that one tv is damaged what is the entry we..

Answer / maynk

issue a dabit note in taLLY AFTER ALL PURCHASE.

Is This Answer Correct ?    6 Yes 2 No

10 tv's purchased from x- company for cash out of that one tv is damaged what is the entry we..

Answer / mahendar

purchase a/c dr
loss on purchase a/c dr
To cash a/c

Is This Answer Correct ?    4 Yes 0 No

10 tv's purchased from x- company for cash out of that one tv is damaged what is the entry we..

Answer / vivek garg

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

10 tv's purchased from x- company for cash out of that one tv is damaged what is the entry we..

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

10 tv's purchased from x- company for cash out of that one tv is damaged what is the entry we..

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

10 tv's purchased from x- company for cash out of that one tv is damaged what is the entry we..

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

Post New Answer

More Accounting General Interview Questions

if u sale an asset for Rs.1000, which shows the book value of 8600. what will be the journal entry???

3 Answers   ACS,


can any body tell me the procedure to learn accountancy with easy tips.i.e., layman accounting policy and rules of debit and credit.

0 Answers  


how we enter insurance claim entry in tally

4 Answers   Unibiz,


what is journal entry. Let me have the detailed with example. Also the difference between the journal and payment entry.

3 Answers  


what is the priliminary expenses

2 Answers  






I took printer from stock, previously I purchased this printer for £60 plus Vat. What entries do I need to put through the books?

3 Answers  


Examples each for golden rules of accounting

31 Answers   ABC, Accenture, BSNL, DELL, General Insurance Corporation, Genpact, IBM, Microsoft, Wipro,


can i direct payment made t code f-53 to bsnl agst telephone exp.? or 1st create a/c.of bsnl and book in fb60 then payment made whose correct?

0 Answers  


is we can prepare any account for partnership in tally

0 Answers  


What is goods and what is assets for an organization.if the organization is an educational institute

2 Answers  


how do we pass the Entry for Depreciation?

6 Answers  


who is debtor? who is creditor?

15 Answers  


Categories