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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?
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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 |
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