company purchase a motor car.
This query is : Resolved
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.?
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.?
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
Entry:
for car purchase
car dr
bank cr
for insurance
car insurance dr
bank cr
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