If I purchased a machinary of Rs. 50,000 and Received a
free printer of Rs. 3000 . What its Accounting entry?
Answers were Sorted based on User's Feedback
Answer / mukesh goyal
Machinery a/c Dr. 47000.00
Computer a/c Dr. 3000.00
To cash a/c Cr. 50000.00
Is This Answer Correct ? | 2 Yes | 5 No |
Answer / rohit
machinery a/c dr. 47000
printer a/c dr. 3000
to cash/creditor 50000
Is This Answer Correct ? | 2 Yes | 5 No |
Answer / aleem
Machinery A/c _____________Dr 50000
To Cash A/c 50000
Is This Answer Correct ? | 0 Yes | 7 No |
for the above we have passed two different type entries
1. plant & machinery a/c. 50,000
Computers a/c. 3,000
T name of the supplier a/c. 53,000
2. Name of the supplier a/c. dr. 53,000
To Discount recd. on purchases 53,000 (Other
income)
Is This Answer Correct ? | 4 Yes | 27 No |
wat is the deffernce b/w 4.6c and 4.7 versions?
Started business with cash 50000
What is Ledger
Expand T A N
Placed an order with Mani for supply of goods worth Rs.5000/-. state whether the the following transcation is business transcation or non business transcation? with reson or explaination?
what is debenture.?
why we debit all expences?
Expand---------TCSS
Can you give three examples/names of Public and Private Ltd companies?
define fixed assets
how can i make transaction related to inflation account in sap ?
what is the meaning of empairment asset
2 Answers Capital IQ, IBM, Quazi Enterprises,