Interested to Buy Any Domain ? << Click Here >> for more details...
WINDOWS SOFTWARE PURCHASES FROM MICROSOFT BY PAYING A
CHEQUE OF RS. 35000/- FROM AXIS BANK LTD. PASS THIS JOURNAL
ENTERY
- 13 Answers
- 15811 Views
- I also Faced
- E-Mail Answers
Answer Posted / shiji
Purchases a/c Dr
To Axis Bank a/c
(Being the software purchase made by cheque)
| Is This Answer Correct ? | 1 Yes | 1 No |
Post New Answer View All Answers
what is opening stock formula?
What do you find most satisfying about this job?
Accounting Questions
Tell me what happens to company's “cash account” if it borrows money from the bank by signing a note payable?
what single discount is to2 successive discount of 10%& 15%
input vat, wht use in wct
What are accounting rules called?
What are the advantages & disadvantages of double entry system?
What is fbt (fringe benefit tax)?
Do you know in accounting, vat abbreviates what?
adjustment entry showing in tally such as outstanding salary prepaid salary etc.
Please describe your experience in inventory reporting & valuation including reconciliation of inventory accounts.
How to post salary advance transfer from one branch to another branch ?
I am a Leaving Cert Student. From Solutions to exam questions etc. I know what to do with the following adjustment but I cannot explain why. A thypical Adjustment is: A building is acquired for €60000 plus VAT at 10%. The amount paid to the Vendor was entered in the Buildings Account. No entry made in the VAT account. Could you explain why the VAT amount is deducted from the VAT amount in the TB? And why it is sometimes an Asset in the BS. Thank you, Mary
Do you have any professional experience in this field?
