Dear Sir,

We are running a security agencies (Man power Service
Provider)we bought security uniform from our vendor. please
suggest us, we may make entry through Purchase Entry or
Journal Entry what is suitable for accounting ???

Answers were Sorted based on User's Feedback



Dear Sir, We are running a security agencies (Man power Service Provider)we bought security un..

Answer / aadesh

Pass it as JV under Direct Exp

Is This Answer Correct ?    11 Yes 1 No

Dear Sir, We are running a security agencies (Man power Service Provider)we bought security un..

Answer / prabir kumar dey

This kind of transaction is not purchase but direct expenses.
Purchase entry will be created when it is sale or mian income
source for the company.

So the JV is

Direct expenses A/c ( Uniform Purchase) --- Dr.

Cash or Bank A/c ----------------------- Cr.

Is This Answer Correct ?    3 Yes 0 No

Dear Sir, We are running a security agencies (Man power Service Provider)we bought security un..

Answer / amit kapil

purchase a/c dr


cash a/c cr

Is This Answer Correct ?    0 Yes 4 No

Post New Answer

More Accounting General Interview Questions

Is it possible contra entry in SAP FICO

0 Answers  


where we can deposit the TDS Monthly Collection Amount form the Employees?

1 Answers  


What are the important things to be remembered while preparing a bank reconciliation statement?

0 Answers  


Mr.x gets Rs66000P.M .He told that you donot cut any dedution from my salary.This is possiable please tell some useful investment

2 Answers  


What is the difference between P&L account and Balance Income & Expenditure account ??

3 Answers  






what is insurance ? how many types of insurance?

2 Answers  


how to calculate PF how to calculate esi

1 Answers  


what is branch reconciliation?what is the Procedure of Branch reconcile step by step?

2 Answers   HCL, HPCL, Treebo Hotels,


Ours is a technology firm. We got a contract of 1 lac. It is payable at the end of the contract. How you will recognize revenue?

0 Answers  


What is accounting period?

0 Answers  


paid vendor to RS 15000 and incentives of RS.5000 and deducted Rs.3000 as penalty so finally paid to vendor is Rs.17000. please let me know the journal entry for this.

0 Answers   Real Group Of Companies,


Can somebody please tell that what will be the accounting entry from auditor's point of view, If a company receive a bill of Rs. 12000 for AMC of Software for the period from 01.08.2014 to 01.08.2015. bill dated 01.05.2015, Can somebody please tell that what will be the accounting entry from auditor's point of view, If a company receive a bill of Rs. 12000 for AMC of Software for the period from 01.08.2014 to 01.08.2015. bill dated 01.05.2015, what will be entry pass in 01.05.2015 in tally

4 Answers   Nubis,


Categories