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WINDOWS SOFTWARE PURCHASES FROM MICROSOFT BY PAYING A
CHEQUE OF RS. 35000/- FROM AXIS BANK LTD. PASS THIS JOURNAL
ENTERY
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Answer Posted / vinay kumar
1) Booked assets by Journal
Software purchase A/c Dr. 35,000/- (Assets)
To Microsoft Co.A/c Cr. 35,000/- (Sundry Creditor)
(being software purchase to M/s Microsoft Co.)
2)Payment to Party(Sundry Creditor)
Microsoft Co. A/c Dr. 35,000/-
To Axis Bank Ltd. Cr. 35,000/-
(being purchase software paid by cheque)
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