The jouranl entry of purchage of fixed assets are assents
a/c dr. to cash/bank account why we not make journal entry
for this is purchage a/c dr. to cash/bank .
Answer Posted / pavan kumar
Asset A/C DR (REAL ACCOUNT)-PRINCIPLE- DR WHAT COMES IN
TO Cash/ Vendor CR- PRINCIPE- CR WHAT GOES OUT
| Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
How new/innavtive assets are to be treated under IFRS?
What is the purpose of financial statements?
What is the entry to be passed on receiving the tds certificate in the books of the deductee?
Unrealised profit will be debited to ?
List the type of transactions entered in journal proper.
Tell me do you think accounting standards are mandatory and why?
purchase return liability or asset?should it be included in the balanced sheet?
what is the enty for contract bill raised?
what s account
is WCT aplicable on educational institutions also??????
Cash Processing
how to pass provision salary full and settlement(inclusive Bonus,Gratutity etc )please show me entry
what is the defination of mat n calculation of mat... with example this is applicable in company or firm, pl. discribe me.....thanx ashok
What qualification do you need to become an accounting professional?
PLEASE CLEARLY EXPLAIN WHAT IS MEANT BY TDS,CST,ADVANCE TAX,PF,PT,ESI.CLEARLY AS IF EXPLAINING TO LAY MAN