IF WE PURCHASE TV FOR PERSONEL THEN WE DIDNT RAISE PURCHASE
ORDER WHY ?

Answer Posted / avishek bandopadhyay

Here TV is purchased for personal purpose and in business
any transaction happend for the personal purpose is
considered as a drawings. Therefore we can't raise purchase
oerder for the drawings.

Is This Answer Correct ?    35 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

I m entering much more than 500-700 sales vouchers per month. But I m getting a problem while entering sale voucher is that If I have entered a sale voucher in the middle of a date then the voucher no is being changed. So how can enter a sale voucher in the middle of a date so that i can adjust the voucher nos from changing.

965


Plz Ask from me New Accounting Questions.

1466


What are control ledgers?

683


I got a transaction of Online Recruitment Charges, So What is the Ledger to Create?

3058


a company recive 5 demand draft in different parties 2 DD sumittted to bank for collection and it's collected. what is the closing entry of other 3 DD in the company on that date?

1402






What is tds and how it is calculated?

616


Tell me deferred taxation is a part of which equity?

578


My company was granted a bank facility of 750,000 for guarantee, performance bond, advance payment, retention guarantee and 100,000 bank overdraft. These facility amount was never added to the company account. a. What is the entry? b. Lien over fixed deposit for 50,000 to be brought upfront c. Lien over gradual buildup for fixed deposit 50,000 by transferring 10,000 monthly from customer's account to separate call account. d. After a month, we had an overdraft of 22,000. What will be my entry? e. After 3 months, we have a construction project and was asked for advance payment of 24,000 with a 25% margin? f. Another company asked for performance bond of 44,200 with 25% margin.

1758


Capital reserve is - a) real account b) nominal account c) personal account d) none of them

483


how to see reoprt of miro booking in SAP FI

1796


What was the most difficult deal you had to close?

572


explain the relevance of closing stock account in trading a/c when preparing the gross profit?

2075


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

3744


purchase from interstate as applicable f form given to supplier & selling in local state as applicable local vat guide me as per law

1389


Do you know what is project implementation?

618