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What is journal entry for purchase household goods for rs 15000 in cash?
Wiki User
∙ 9y ago
[Debit] purchased goods 15000
[Credit] cash 15000
Wiki User
∙ 9y ago
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What is the journal entry for purchase of household furniture in cash?
debit household furniturecredit cash / bank
What is the accounting journal entry to record the purchase price of a business?
The accounting journal entry to record the purchase price of a business is debit. The debit will decrease the assets reflecting the purchase price.
What is the journal entry for purchase returns?
[Debit] Purchase Return [Credit] Purchases
What is the journal entry for purchase of a business?
debit assetsCredit liabilitiesCredit cash
What is the journal entry for a purchase purchased on account of 54780?
Purchase Credit Journal Entry is the journal entry passed by the company in the purchase journal of the date when the company purchases any inventory from the third party on the terms of credit. The purchases account will be debited. The creditor’s account or account payable account will be credited to the company’s books of accounts. visit our page : ieqsgroup .com/about-us
What is the journal entry for purchase of household furniture in cash?
debit household furniturecredit cash / bank
If a company gives a director a loan of 15000 how do I record a general journal entry?
If a company gives a director a loam of 15000 you will record it on the debit section of the general journal entry.
If a company gives a director a loan of 15000 how do I record a journal entry what accounts is involved?
[Debit] Loan to director 15000 [Credit] Cash / bank 15000
What is the accounting journal entry to record the purchase price of a business?
The accounting journal entry to record the purchase price of a business is debit. The debit will decrease the assets reflecting the purchase price.
What is the journal entry for purchase returns?
[Debit] Purchase Return [Credit] Purchases
What is the journal entry for purchase of a business?
debit assetsCredit liabilitiesCredit cash
What is the journal entry for a purchase purchased on account of 54780?
Purchase Credit Journal Entry is the journal entry passed by the company in the purchase journal of the date when the company purchases any inventory from the third party on the terms of credit. The purchases account will be debited. The creditor’s account or account payable account will be credited to the company’s books of accounts. visit our page : ieqsgroup .com/about-us
What are the journal entry on purchase of software?
Debit software purchase accountCredit cash / bank
What is journal entry of purchase of raw material on cash?
The journal entry is as follows: [Debit] Raw material XXXX [Credit] Cash/bank XXXX
What is the journal entry for unsubscribe capital stock?
There is no journal entry for unsubscribed capital as this is that portion of capital which is company has offered to shareholders for purchase but nobody has purchased that capital so no transaction incurred and hence no journal entry required.
What is the journal entry for book purchase?
Debit bookCredit cash / bank
What is the Journal entry to purchase of an asset?
debit assetscredit cash / bank
