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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 / khan
Dear Mr.Khanirfan,
it is clearely mentioned for business use means
Computer has been used for office/business use only.
it means no Drawings.
The entry will be same as above
Purchase A/c Dr 10,000.00
Cash/Bank/Party Name Cr 10,000.00
( Being 10 CTv purchased @1,000.00 for which 1 is installed)
Regards,
Khan
| Is This Answer Correct ? | 15 Yes | 5 No |
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