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can anyone give the journal entry with the amount
10 tv bought in the business for 1000 each, out of which
one is installed.
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Answer Posted / krushna
Dear Mithun what made u to bring capital into account. It
is a purchase made for trading. out of which one is taken
for Display in the shop. So it is to be taken as asset.
dont be hasty in making transactions. Think twice or thrice
before you answer.www.therealaccountants.com
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