Interested to Buy Any Domain ? << Click Here >> for more details...
sold private car for rs 4,000 and bought a new one with
proceeds for bussiess plus rs 5.000 from office cash
what will be the journal entry
- 8 Answers
- 26988 Views
- Genpact, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / nagarjuna
CAR A/C DR RS . 9000
TO CAPITAL A/C Cr RS.4000
TO CASH A/C Cr RS.5000
(BEING PURCHASE OF NEW CAR FOR OFFICE BY PAYING RS.5000/- FROM
BUSINESS AND RS.4000/- FROM HIS PERSONAL)
| Is This Answer Correct ? | 86 Yes | 12 No |
Answer / swarit
CAR A/C...DR. 5000
TO CASH A/C. 1000
TO CAPITAL A/C. 4000
| Is This Answer Correct ? | 10 Yes | 13 No |
Answer / pavani
cash a/c......Dr 4000
To car a/c 4000
being sold a private car for 4000
car a/c.....DR 5000
To cash a/c 5000
being purchase a new car for office/business purpose
| Is This Answer Correct ? | 0 Yes | 10 No |
Answer / harsha j surapur
Car A/c Dr---Rs. 5000
To Cash Ac-----------Rs. 5000
(Being purchase of car for business)
| Is This Answer Correct ? | 3 Yes | 14 No |
Answer / poshalu
carA\c - 5000
To private car - 4000
To cash 1000
(being the new car purchase & Private car sold Rs.4000 &
cash paid Rs.1000)
| Is This Answer Correct ? | 0 Yes | 11 No |
Answer / nadhiya
NEW CAR A/C DR RS.9000
TO OLD CAR A/C CR RS.4000
TO CASH A/C CR RS.5000
| Is This Answer Correct ? | 1 Yes | 15 No |
Answer / jitender jakhmola
Sales A/c Dr. 4,000
To Car A/c 4,000
Purchase A/c Dr. 5,000
To Car A/c 5,000
| Is This Answer Correct ? | 4 Yes | 18 No |
what is mean by account
what is the treatment of term loan & long term debenture in calculation of networth?
Do you know overhead in terms of accounting?
goods lost by fire rs10000 & insurance claim received for the same rs8000.what are the effect of this entry in final accounts?
17 Answers Amma Enterprises, BHU, HCL, Syntel,
what is difference between company and firm
in Tally what is cost cenre,cost categori and why we need to prepare them
Is there any circumstance where an accountant is allowed to depart from accounting standards while preparing financial statements? If yes explain why, if no explain no.
what is indian currary (but not rupee) like bound etc...
Assume that the real risk-free rate is 3% and that inflation is expected to be 8% on year 1,5% in year 2,and 4% thereafter.Assume also that all Treasury bonds are highly liquid and free of default risk. If 2-year and 5-year Treasury bonds both yield 10%,calculate the difference in the maturity risk premium on the two bonds.
Companies formed by letters patent?
what is representative personal accounts?? explain with examples...
"Trial Balance is not a comclusive proof of the accuracy of the books of accounts." Explain this statement and describe the errors which are not disclosed inspite of the agreement of trial balance.
Audit 
