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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 / avik
Yes.
The journal entry would be
T.V A/c --------- Dr Rs.10,000 -
To Cash A/c--------Cr - Rs.10,000
(Being 10 T.V purchased @ Rs.1000 /-)
Note: There nothing related with instalation in journal
entries.So definately entry can pass.
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