Mr. A purchased a car worth of rupees 2,00,000 on cash than
what would be the entry

Answer Posted / mukesh

car a/c Dr
To cash a/c Cr

Is This Answer Correct ?    2 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Short Answer on ___________Finance Bill

1585


How to calculate closing stock? I have opening stock of 72 lacs (average costing without tax) and purchase of 49 lacs (with tax) and sales of 101 lacs (without tax). What is my closing stock then???? Should i add tax in sales? Where all should tax be included and where all should tax NOT be included? Right now i calculated => 72(no tax)+49(with tax)-101(no tax) = 20 lacs. IS this correct?

1868


What is share,Bond, sharecapital, Budgeting, BRS, CA, CL, WC, WACC, Depreciation, types of Depreciation, B/S, CF items and some transactions and Preference Share capital, Equity Share Capital , Debenture and practicle Questions to solve and tell there itself whether the co's good for investing etc..like opinion for problems to find out how good one is with basics.

1705


How can you actualize cah flows of 5 years at 8%

1668


How can retify the errors in the trial balance

1729






WHEN IN ADJUST. GIVEN THAT THERE IS VALUE OF RS...., OBSOLESCENCE STOCK INCLUDED IN CLOSING STOCK RS.......,WHAT IS THE PROPER WAY TO SHOW IN INCOME STATEMENT AND POSITION STATEMENT.

1706


how will you create the posting periods 3 and 5 or 5and 7?

1638


What is cash clearing account

1411


Please send me full details of MIS report how to prepare which item to be consider in MIS report? 2) full details of Esic, PF and Fbt and maharashtra labour welfare fund

1802


Straight line method to using Indian company names

1484


Expand---------NMOP

1602


WHAT IS THE DIFFERENCE BETWEEN SEND FOR APPROVAL (WITHOUT PARKING) AND ASSIGNMENT CORRECT IN MYSAP FI POSTING?

1619


What are the objectives of accounting

1489


What's the meaning of Preferential Creditor?

1694


i want report country wise with invoice number for gl account

1756