mr.atul purchased a dress for his son amounting to rs 725/-
from dress point by paying cash from the office.
We entered in this trasaction to which voucher?

Answer Posted / nibin

Athul's Current A/c Dr

to Cash

( Currnet A/c here represent Capital account of that
particular owner's non fixed capital) all other entries
above are wrong

Is This Answer Correct ?    1 Yes 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

if my salary is 12000 per month how much i will get after deducting PF an ESI

1216


Tell me in accounting, how do you define premises?

723


What are the uses of journal in accounting?

655


What is balance sheet and off balance sheet?

620


if a sole proprietor pays his firms insurance policy , How it should treated in books of accounts? whether it should be treated as investment? or indirect expenses?or drawings?

1131






What is the TDS rate in Maharastra, Tamil Nadu, Karnakata,Odisha & West Bengal. What is about Profession Tax.

1418


WHAT IS THE LAST DATE OF HOUSE TAX SUBMITED , AND WHAT IS THE RATE OF HOUSE TAX ?WE PAID HOUSE TAX MCD OR ANY OTHER. PLEASE TELL ME.

1888


Wat entry ill come after paying the Cen -Excise Tax Vat Tax and Service Tax in the same time

3749


Tell me what is your track record for consistently achieving your targets?

767


What is double-entry accounting? Explain with an example?

648


Purchase and sales sahres accounting entry which have stt brokerage and other taxes

3584


sale cycle

1504


What is bond ? What is capital market?

1594


discuss seperate determination concept

1587


What is the fictitious assets?

649