Car purches from Amar Traders of rs- 2000 Payed in cash.This is a journal entry (open F7).
- 3 Answers
- 3133 Views
- Aventis Electronics, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / deep nisha
Dr. Car name 2000(Debit)
Cr. Amar Traders 2000(credit)
| Is This Answer Correct ? | 1 Yes | 1 No |
Answer / bachcha kant choudhary
whenever fixed assets are purchased, the entry should be make in journal voucher and if payment is made, a payment voucher should be pass. like-----
Car A/c Dr.
To Trader/seller Cr.
when payment is made-
Trader/Seller A/c Dr.
To Cash/Bank A/c Cr.
| Is This Answer Correct ? | 0 Yes | 0 No |
What is operating profit ? how is it different from Gross profit ?
Expand CTD
Expand---------CBDE
Expand GAAP?
fiscal year variant Vs posting period variant
How will we calculate T1, T2 capital in CRR(Cash Reserve Ratio)?
what do mean by drawing?
What is debit and what is credit ?
A company staff's visa procedure's expenes are treated as indirect expense or not. please give the journal entry and tally posting.
Expand CCIT?
What the trial balance proves us
How can entry made if loan transfer from reliance to tata finance
Audit 
