if i bought 10 car @ Rs1000 each.one car i used for office
use then what will be the entry?

Answer Posted / sreena

Car 1000
Individual 9000
To cash 10000

Is This Answer Correct ?    7 Yes 11 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what is cost centre , job costing & Budget control. what is the effect of these.Explain its briefly.

1641


Expand---------OST

1746


why may types of accounts

1742


what is Derivative Documentation,Derivative Settlements,Derivative confirmation?

1785


Upto what age PF will be deducted for an employee? And what age he is eligible to gratuity?

1456






Can I check my Vantage credit score range online?

1526


Cost center 60500 in controlling area 1000 is locked for revenue postings on 31.03.2008.Now How can I Assign the account to another cost center or allow cost center 60500 to again accept revenue postings.

2627


Hi, I would like to check if my understanding is correct I have a negative amount for provision of income tax in my balance sheet from my previous financial year.What are the accounting treatments for income tax paid and then refunded to you for the current year? Is this correct? For payment Dr provision of income tax cr bank For tax refund Cr provision of income tax Dr bank Do I need to input anything in income tax expense acct?

1269


what is participation right is it a debt? or not?

1682


what is the difference between financial accouning and financial management?

1742


What Are The Characteristics Of Modern Accounting?

4241


Give me the asset revaluation (at the time of asset value increase & decrease) journal entrys?

1680


Which Exchange determine Foreign ?

1596


Zee Ltd. uses material—A for the production of Product M. The safety stock of material A is 300 units; the supplier quotes a delivery delay of two or three weeks. If the company uses 500 to 800 units a week according to the activity levels, the re–order level of material–A will be A. 2300 units; B. 2400 units; C. 2700 units; D. 28 units.

2630


Hi, I am preparing for Junior Accounts Officers test- APTRANSCO. Can any one suggest the model paper / Books available? john kadapa

1622