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

Answer Posted / monu

loan a/c dr 50000
cash a/c dr 10000
car a/c cr 60000

Is This Answer Correct ?    1 Yes 6 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

i am trying to set up a recurring reversing journal in Oracle GL, my problem is i have income balance of £30k that i only want to show 1/12th in a period over 12 months. can any one help me set it up . i want to show P01-13 opening balance £30k less £27500 P02-13 reverse P01-13 journal P02-13 opening balance £30k less £25000 etc. or does anyone know of another way it can be done automatically every month.

1865


how to upload ledgers in excel or word document

1554


Tell me what are the key tasks for account executive?

632


What will be a entry for TDS deducted on Salaries, Directors Remuneration and Rent.

34178


what is share application money pending allotment?

3668






input vat, wht use in wct

1661


What procedure for excess payment to supplier I would like know without adjusting invoice that means how supplier will send back excess amount how do in oracle apps?

670


Knowing what you know now, walk me through what you would do differently to drive even more success?

619


Which accounting application you prefer most and why?

700


Tell me do you think accounting standards are mandatory and why?

616


Kindly define necessary ledger is to maintain in excise. Kindly define how we maintain P.L.A

1837


why accounting is important in business?

664


Is financial accounting necessary?

644


When Iam entering sales in Tally ERP 9, It Is not reflecting in the stock, Why itt is happends like this ? I entered sales with delivery note Number, So think that is because it is not reflecting in Stocks, and when iam checking in the stocks its saying negative stock

1211


Pls tell me the basic rules of accounts for interview in finanace or accounts section

1771