Interested to Buy Any Domain ? << Click Here >> for more details...
I took printer from stock, previously I purchased this printer
for £60 plus Vat.
What entries do I need to put through the books?
- 3 Answers
- 5180 Views
- I also Faced
- E-Mail Answers
Answer Posted / r@vi harjai
if the stock of business used for personal purpose
then the following entrty has been made>>>>
Drawing A\c Dr
To Purchase A\c
(Being goods used for the personal purpose)
otherwise if the stock (printer) used for the business
purpose then alternative entry should be made>>>
Printer (Assets) A\c Dr
To Purchase A\c
(Being goods converted into Assets)
| Is This Answer Correct ? | 3 Yes | 2 No |
Post New Answer View All Answers
what are the direct expense of loan department in banks.
Wo kya cheez hai jo sal me 1bar mahine me 2 bar aur hafte me 4 bar aur din me 6 bar ata hai?
The claim recoverable has been settled with the insurance company for 2000.what is the actual stock lost value? Please give me in calculation.
What knowledge should financial accountant have?
What steps would you take to locate the errors in case trial balance disagrees?
IS THERE ANY DIFFERENCE BETWEEN PAID UP CAPITAL AND PAID IN CAPITAL?
How do we calculate the cost of investment?
What was your average accounts receivable days outstanding/days sales outstanding?
What all are the documents need to check for a supplier payment?
Tell me do you think accounting standards are mandatory and why?
what is the diffrence between cash flow & cash fund?
Have you ever made mis reports and what are they?
what is debit balance report in SAP?. how do you describe DB report in brief.
Explain what is liabilities and what all does include in current liabilities?
Other accounting interview questions to expect when you interview for an accountancy job include:
