I purchased a Car & paid 10,000/- Rs. Cash & 50000/- Rs. By
Loan. What will be the Entry ??

Answer Posted / abdul hannan

car a/c - Rs. 60000/- Dr
cash a/c - Rs. 10000/-Cr
Loan a/c - Rs. 50000/-Cr

Is This Answer Correct ?    7 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

I WRITE GROUP-4 EXAMINATION.I STADIYING INTERMEDET HOW MANY PARSANTEGE OF GROUP-4 EXAMINETIN

2564


how to get a job in stock markets for MBA-FINANCE?

1631


Differentiate between consignor and consignee?

682


If balancing account is not assigned to company & is assigned to department wat will be the effects

1579


We have purchased some good from our vendor and we asked them to transport the same to some address but they have raised a debit note to us for transportation instead of invoice. Same like we have given some order to manufacture for developing that product they have charged some amount for that also they have raised the debit note. How to account these type of debit notes in tally..?

1367






Can you please explain the difference between differentiate between consignor and consignee?

630


what is dmat charges?

1539


the selling price of a prouduct of vintex limited inclusive of basic excise duty 16% and education cess 2% and SAH cess 1% is rs 3002. find the assessable unit of prouduct?

2488


what is use of cost category ? which type is useful in accounting work ? give answer with solid example because iam slow learner in accounting line.

1408


Hai i have completed MBA in HR(major) And Marketing (minor). Now applying FInance if it possible please tell me

1258


Expenses which are incured during the manufacturing are direct expenses.In that case,what are the direct expense in a trading firm where there is no production.Like salary, rent, electricity etc in a trading firm

2105


x pay incentive to y with tds@10%.what is the journal entry in the books of x & y?

1695


what is the accounting treatment in tally of free goods received with goods purchased.

6646


How do we calculate the cost of investment?

1300


My question is on Opening & Closing Stock Suppose Closing stock of 2014-15 is Rs 30 lakhs & Also we filed return & ROC too for 2014-15. Opening stock for 2015-16 should be Rs 30 lakhs but we found that some purchase for feb & March 2015 Stock has been entered in tally Its taken directly to purchase split of stock not made & in sales to same of 2 lakhs no split of stock is shown. Those stock need to make changes in 2015-16 what was the process ? And what will be adjustment entry ?

1175