Purchased good from Sreenivasan company for personal use Rs.50000
What is journal entry
Answer Posted / mohit.etah
Purchase a/c Dr. 50000
To Sreenivasan 50000
Drawing A/c Dr. 50000
To Purchase A/c 50000
| Is This Answer Correct ? | 5 Yes | 2 No |
Post New Answer View All Answers
What is dd and a in oil and gas accounting?
Cash Processing
What entry to be passed for Duty draw back as receivable
what is share application money pending allotment?
What does the investment of personal assets by the owner will do?
when dissoluction of firm why investment flchuationfund subtrect from book value
Tell me what does the standard journal entry includes?
what is difference between budgeting and Forecasting
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
MEANING OF RED HERRITING
What does the abbreviation dr mean in accounting?
Is financial accounting necessary?
please explain all accounting concepts n conventions in detail
What is an accounting loss?
What a deferred asset is and give an example?