sold some office equipment of rs 1,300 (proceeds beingreceived
as rs 700 by cheque and balance in cash) and paid the cheque
into his private bank .
what will be the journal entry
please give answer when you sure about it thanks
Answers were Sorted based on User's Feedback
Answer / chitra
Cash A/c dr 600
Drawings A/c Dr 700
To Office equipment 1300
| Is This Answer Correct ? | 17 Yes | 5 No |
Answer / mithin
bank a/c dr 700
cash a/c dr 600
to office equipment 1300
| Is This Answer Correct ? | 6 Yes | 5 No |
WHY U HAVE CHOOSE ICWA WHY NOT CA
Tell me about an invoice discrepancy you discovered and how you resolved it
When the closing stock will be reflected in trial balance & at what value
what is reserve capital
what is the rule for applying EL and CL and what is the Advance period for applying EL and CL
How to charged TDS on salary and How many charged percentage?
HI EVERYONE I WANT TO KNOW, CAN WE ISSUE DEBIT NOTE OR CREDIT NOTE AGAINST STOCK TRANSFER , IF WE ISSUE OR NOT ISSUED THENY WHY PLZ EXPLAIN
What are control ledgers?
how to calculate ratio of closing stock?
the bank returned S meyer cheque for R450. the cheque has been dishounerd because of insufficient funds, discount of R50 was allowed the account was settled
Discuss the consistency concept in accounting
what are GAAP items and examples of such?