How to make a entry in tally for Land & Building Purchased
for RS.1,65,00,000/-(Total Consideration)Paid Installment
wise as 30 lakh,10 lakh,20 lakh & 1,30,87,500
Answers were Sorted based on User's Feedback
Answer / purnendu ghosh
1st entry will be
Land & building A/c dr 1,65,00,000
to Party A/c cr 1,65,00,000
2nd and all the installment entry will be
party A/c dr 30,00,000
to cash/bank cr 30,00,000
Is This Answer Correct ? | 74 Yes | 7 No |
Answer / ashok
2nd
party a/c 3000000 dr
cash / bank 3000000 cr
other Payment will be post dated voucher
same voucher entry
Is This Answer Correct ? | 19 Yes | 4 No |
what will be the treatment of preliminery expenses if due to preliminary expenses being written off there results a loss?
What is the TDS deduction & Service chargges for FY 2011- 2012
Where it will effect in the Balance sheet, Rs. 5000/- of Bad Dept ??
What is a contra entry
Why is Income statement prepared?
How will service tax & excise be charged?
I cleared IBPS exam Basically I belongs to A.P. but I applied for karnataka will they accept me?
2 Answers Banking, Oriental Bank Of Commerce,
how to pass this entry in tally? Dear Sir, I have just started learning tally . I am practicing tally. and I am following 11th Std book for practicing. Please help me with the following entry. I know dr and cr part but having problem in grouping. Please Help. Introduced goods of Rs 10,000, cash Rs 15,000, furniture Rs 5000, debtors of Rs 1000 and commenced business. What will be the entry and group for each ledger. Please Help.
i want to know f form and how to use and how can purchase
what is the direct taxes?
3 Answers JK Associates, TATA,
private placement
what is window dressing in final accounts?