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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



If I purchased a machinary of Rs. 50,000 and Received a free printer of Rs. 3000 . What its Accou..

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

If I purchased a machinary of Rs. 50,000 and Received a free printer of Rs. 3000 . What its Accou..

Answer / rohit

machinery a/c dr. 47000
printer a/c dr. 3000
to cash/creditor 50000

Is This Answer Correct ?    2 Yes 5 No

If I purchased a machinary of Rs. 50,000 and Received a free printer of Rs. 3000 . What its Accou..

Answer / davis

Machinery A/c Dr 50,000
To Cash 50,000

Is This Answer Correct ?    0 Yes 4 No

If I purchased a machinary of Rs. 50,000 and Received a free printer of Rs. 3000 . What its Accou..

Answer / aleem

Machinery A/c _____________Dr 50000

To Cash A/c 50000

Is This Answer Correct ?    0 Yes 7 No

If I purchased a machinary of Rs. 50,000 and Received a free printer of Rs. 3000 . What its Accou..

Answer / k. srinivasa rao

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

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