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 |
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