company purchase a motor car.

This query is : Resolved

sanjib (Querist)
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01 September 2008 Dear,
The company Purchase One Motor Car by the cheque and Buy Insurance for motor car and premium paid by the saparate cheque.

What will be the Accounting entry and where I get valied document to prove that matter.?

sanjib

sanjib (Querist)
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01 September 2008

sanjib

sanjib (Querist)
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01 September 2008

CA Anuj Garg

CA Anuj Garg (Expert)
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04 September 2008 Purchase of car an be verified by invoice and insurance from the ploicy and same can be verified from bank statement as well.

Entry:

for car purchase

car dr
bank cr

for insurance

car insurance dr
bank cr

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