Car purchase entry


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Querist : Anonymous

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Querist : Anonymous (Querist)
03 April 2015 I Purchase a Car Rs 1238327 ,including vat
Registration fee Rs 4300 insuarance fee 36578
Road Tax 154791

We have car loan Rs. 1050000 and cash paid Rs 384176
Dear sir how to i paased the entry in tally and kindly describe which are all the accounts need to create under which heads in tally.
( Car purchase for business purpose )
Plz reply me soon.

03 April 2015 u having a slight differene in caluclation.. error of rs 180 is there

03 April 2015 book it as asset with the overall amount

asset dr
to cash
to loan a.c


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