what is journal entries for Vehicle loan
settled with bank after Sale of the
vehicle on profit or loss in case the party
paid check direct to Bank .......???
- 2 Answers
- 5017 Views
- I also Faced
- E-Mail Answers
Answer Posted / pushkar
Loan A/c Dr
to party A/c
Party A/c Dr
to Vehicle
to profit on sale a/c
cash/ bank a/c dr
To, Party a/c
| Is This Answer Correct ? | 1 Yes | 1 No |
Post New Answer View All Answers
When we received payment from creditors
When Tds is applicable to deduct and wht is rate for different work panel?
please advice example of any single journal entry which include all 3 accounts i.e personal, real & Nominal a/c.
what is core accounting?
what is basic general accounting.
Explain what is double-entry accounting? Explain with an example?
hi friends, i have simple doubt if we completed this financial year that is 2009-10 march. after that we will file it period of oct-2010.so from apr-2010 that is new f.y.what we take the opening balances without filing how can we know the exactly figures?
Cello pen gross value is 935.89 for 12 nos 14.5% tax
WHY CST CHARGED BILLS ARE RETAIL INVOICES.IT CANT BE TAX INVOICE.
In tally when accounts with inventory ,when working in units of measurement under this after creating unit ,if we want to change the unit due to some mistake why does the cursor does not stop in the decimal field? And why the used units do not get deleted in the alter section?
Explain what is gaap?
How can you made payment when bill come from vendor, what is the bills have you check.
Let me know the liability positions of Partners
What other careers are you considering?
What are mis reports?
