Interested to Buy Any Domain ? << Click Here >> for more details...
paid rs 60.000 cash on the purchase of equipment costing
80.000 the remaining amount payable with interest rate of 9%.
what is the journal enry
- 8 Answers
- 13857 Views
- Genpact, I also Faced
- E-Mail Answers
Answer Posted / sumit bhatia
debit whats comes in
Equipment A/C debit 80000
Debit all the loses and expenses
Interest A/C Debit 1800
Credit Whats Goes Out
Cash 81800
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
What Entery Should Made When Godown Rent Paid in Advance At The Time Of Agreement.Transation Is as Below * Rent Paid To XYZ (OWNER OF PROPERTY) For Running Month. * One Month Rent In Advance Tenent will Always pay rent amt 1st of every month. How can we do entry every month and How can party's a/c will due on ending every month. How can party a/c Show ADVANCE RENT. Please enter every entery including JV. With time when it is necessary.
how to upload ledgers in excel or word document
calculations of pf
payment voucher for advance salary
whats the sales tax slab and company's turnover professional tax slab
Knowing what you know now, walk me through what you would do differently to drive even more success?
Explain what are the rules for debit and credit for different accounts to increase the amount in your business accounts?
kindly send the TDS tariff on Security expenses, rents, transport charges etc.,
What is accounting & why it is used?
what is balance sheet, capital budgeting, financial statements, current ratio, profit maximization?
Tell me do you think accounting standards are mandatory and why?
what is a register when referring to accounting or bookkeeping?
shares convert into share capital what is the journal entry? how many ledgers need to create?
What is an accounting loss?
hi m freshe working as a account assistance. i want know about accounts, what is balance sheet, profit & loss a/c, trail balance? why these are require to company? how can i know about full account work in tally? what should i do everyday? how to finalisation calculting? kindly explain please..
