1. Categories >> Accounting >> Accounting General
  2. Suggest New Category

mr.atul purchased a dress for his son amounting to rs 725/-
from dress point by paying cash from the office.
We entered in this trasaction to which voucher?

Question Posted / ranjita

Answers were Sorted based on User's Feedback



mr.atul purchased a dress for his son amounting to rs 725/- from dress point by paying cash from t..

Answer / subhash a.

Dear friends here the case is
1. Office cash is been used.
2. Used for personal expense of proprietor or some other person.

The entry must be
Atul A/c Dr. 725
To Cash A/c 725

Because it is not a business purpose.

Is This Answer Correct ?    15 Yes 2 No

mr.atul purchased a dress for his son amounting to rs 725/- from dress point by paying cash from t..

Answer / prakash

Drawings a/c dr
to cash

Is This Answer Correct ?    9 Yes 0 No

mr.atul purchased a dress for his son amounting to rs 725/- from dress point by paying cash from t..

Answer / rabindra nayak

We Entered this transaction in payment voucher

Drawings A/c 725/- Dr
cash A/c 725/- Cr

Is This Answer Correct ?    1 Yes 0 No

mr.atul purchased a dress for his son amounting to rs 725/- from dress point by paying cash from t..

Answer / mahendra

Drawing a/c Dr. 725
to Cash Cr. 725

Is This Answer Correct ?    1 Yes 0 No

mr.atul purchased a dress for his son amounting to rs 725/- from dress point by paying cash from t..

Answer / nibin

Athul's Current A/c Dr

to Cash

( Currnet A/c here represent Capital account of that
particular owner's non fixed capital) all other entries
above are wrong

Is This Answer Correct ?    1 Yes 2 No

mr.atul purchased a dress for his son amounting to rs 725/- from dress point by paying cash from t..

Answer / mojjuh@rediffmail.com

the transaction will be as follows,
purchase ac--------- dr 0000

to bank ac 0000
(being purchase made)

Is This Answer Correct ?    4 Yes 10 No

mr.atul purchased a dress for his son amounting to rs 725/- from dress point by paying cash from t..

Answer / raj kumar

purchase/Goods ac--------- dr 725.00

to Cash ac 725.00
(being purchase made)

Is This Answer Correct ?    2 Yes 10 No

Post New Answer

More Accounting General Interview Questions

what is thr differences between sales & sales invoice ?

7 Answers  

WE have paid two month Advance salary on dated 03 June 2010. What will be journal entry inthe month of june for advance payment. And what will be journal entry in the month of july and August for salary adjustment.

5 Answers  

what is debit balance report in SAP?. how do you describe DB report in brief.

0 Answers  

Describe the P&L Account?

2 Answers  

How can I date change in tally whenever new voucher entery. When I press F2 I can change the date only 1,2&31. When I feed other dates like 12,15,17, 21 etc. not changed. Please tell me how can I change the all voucher dates.

3 Answers   Dawn,




what is the method deposit of wct in Delhi

0 Answers  

on 02/05/2013 issued a cheque to third eye ltd of Rs.14000/- in full and final settlement against the due on amount

0 Answers  

what r the entries related to manufacturing company stock

0 Answers  

What will be entry for that: Busines strarted with brrowed cash Rs. 25000 from Mr. X. if capital will be creadit. ???????????????????????WHY????????????????

5 Answers   IAS,

Hai Experts can any one send me some finance interview questions ,my mail id is c.sujatha2008@gmail.com,please send quickly it's so need.

0 Answers  

What is Share Premium?

7 Answers   Capital IQ,

i need clarification about tds will be calculate before deductions or after deductions on gross salary+incentive

0 Answers  

For more Accounting General Interview Questions Click Here
Categories