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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
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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 |
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