Hi Everybody,
i would like to know the journal entry for the below
question,
1). One color Tv is taken by proprietor for Personel use.
also in TALLY Accounting package how i can post,if it is
drawings,under which account, please let me know.
Thanks,
- 12 Answers
- 11761 Views
- I also Faced
- E-Mail Answers
Answer Posted / vishal
Drawings a/c dr.
cash a/c cr.
In narration we can write about this transaction.
| Is This Answer Correct ? | 0 Yes | 3 No |
Post New Answer View All Answers
What does a demo/presentation need to be effective?
How do you classify errors in accounting?
if we have provision for bad debts and RDD then on which amount we have to calculate RDD original or deducted?
What is short term solvency ratio?
Our is a banking Activity, one person is supplying printing advertisement sheet of our product, whether he is liable to deducte TDS @ 1%
contents of an invoice receipt? difference b/w statutory audit & internal audit? Where the bank book and the cash book will not reconcile? difference b/w income & expenditure a/c & p/l a/c? what is ERP? what is full form & the application of SAP? Why income statement prepared? What are the reasons where Balance sheet will not tally? How do you calculated Closing stock in the trading a/c? When will the cash book have a Credit balance? Why do you prepare p/l appropriation a/c? What are the 4 difference b/w public and private company? What do you mean by Contingent liability? Explain: Accrual Concept 1. Realisation concept? 2. Accounting concept?
Tell us what is your proudest accomplishment?
service tax calculated on agreement value or market value whichver is higher for builders?
Tell us how can you define departmental accounting?
What is the importance of accounting standards?
we have received amount from others through debit/ credit cards. what is the ledger group of this? i am confused selecting the ledger group could you explain.
What is the provision?
I have a doubt in tally,if a customer purchase our product on cash or sometimes credit,under which head i need to make the customer ledger.?
what is profitability ratio and dividend policy ratio
how to calculate vat,pf,esi,service tax in corporate firm
