sold private car for rs 4,000 and bought a new one with
proceeds for bussiess plus rs 5.000 from office cash
what will be the journal entry
- 8 Answers
- 23008 Views
- Genpact, I also Faced
- E-Mail Answers
Answer Posted / pavani
cash a/c......Dr 4000
To car a/c 4000
being sold a private car for 4000
car a/c.....DR 5000
To cash a/c 5000
being purchase a new car for office/business purpose
| Is This Answer Correct ? | 0 Yes | 10 No |
Post New Answer View All Answers
Can salary paid to promoters before incorporation be taken as a part of pre-incorporation expense? If yes how is the TDS part to be dealt with?
Compare financial accounting and cost accounting.
How Can We Differ Horizental & Vertical Balace Sheet? Explain.
bank releted question interviw plz tel me
My company sent this party goods 62750 this goods is loss sundorbhan paribahan. how to create voucher
Explain different branches of accounting?
What are mis reports and how do you prepare it?
How to create a liability for Service Tax in SAP
what accounts payable applications are your familiar with?
Recent trends in Corporate Governence?
When a merchant sales of goods included/charged on packaging charges ,cartages and insurance;i.E :-Indirect income/revenue income and indirect expense/revenue expenditure. Plz suggeste me correct answer.Through messages,mail .
My Brother is running a small business of Window glasses & Mirror etc. He needs Bank Loan (CC/OD Limit)against current account. So, I need a project report to apply CC Limit. Please Help me. My EMAIL ID is :- savichawla_1703@yahoo.co.in Kindly send the report to above ID ASAP. Thanks & Warm Regards Sarvpreet +919888669523
how to calculate vat,pf,esi,service tax in corporate firm
Explain me the difference between public and private accounting?
is there is mentioned that we can adjust excess debtors with creditor in the stock statement while calculating Drawing Power
