WINDOWS SOFTWARE PURCHASES FROM MICROSOFT BY PAYING A
CHEQUE OF RS. 35000/- FROM AXIS BANK LTD. PASS THIS JOURNAL
ENTERY
Answer Posted / mangesh shukla
windows software is assets of the company
journal entry
windows software dr 35000/-
microsoft cr 35000/-
payment entry
microsoft dr 35000/-
bank axis cr 35000/-
if above entry is wrong so plz give me correct entry
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
sir I heard from some body that he received more money than requested in an ATM.Is it possible, if yes what is the remedy ?
Hi wht r da questions which are mostly asked in an Accounts related job for freshers?
What does the abbreviation dr mean in accounting?
what is use of cost center category in tally ? why & when use this ? what is benfit ?
what is penaultimate sale
Define executive accounting?
swagat staryed business on 1st jan 2005 with cash on hand Rs. 10000
What can be done incase of excess payment of TDS Remittence than the actual amount? Is there any adjustment towards the excess amount with the upcoming TDS payment? Reference of last quarter challan should be shown while adjusting in next quarter?
What is your role in planning?
under the modified cash basis of accounting, most revenues and expenses are recognized on the cash basis. Which one of the following items is an EXCEPTION to this accounting practice? a.Advertising b.Professional Fees. c.Supplies d.Rent
what is the manual procedure for accounting
There are two Business areas 1100 and 1200. I need to pick 1200 b.areaonly While enter the transaction? could any one please post the answer for this.
Explain miscellaneous expenditures & profit and loss account debit balance
As you know account executives need to be talented salespeople. Do you have experience making sales?
At the time of death of a partner, firm gets ________ from the insurance company against the Joint Life Policy taken jointly for all the partners. (a) Policy Amount. (b) Surrender Value. (c) Policy Value for the dead partner and Surrender Value for the rest. (d) Surrender Value for all the partners.