Journal entry
This query is : Resolved
suman kumar jha
(Querist)
14 May 2013
owner purchase furniture 5000 for company by
personal credit card .
what are journal entry?
personal credit card .
what are journal entry?
CA rohit swami
(Expert)
14 May 2013
1. FURNITURE A/C DR. 5000
TO MR.X 5000
(BEING FURNITURE PURCHASE THROUGH MR X.A/C USEING NET BANKING OR OTHER)
2. MR. X A/C DR. 5000
TO CASH /BANK 5000
(BEING CASH/BANK PAID TO MR. X)
REGARDS, ROHIT SWAMI
TO MR.X 5000
(BEING FURNITURE PURCHASE THROUGH MR X.A/C USEING NET BANKING OR OTHER)
2. MR. X A/C DR. 5000
TO CASH /BANK 5000
(BEING CASH/BANK PAID TO MR. X)
REGARDS, ROHIT SWAMI
Guest
Guest
(Expert)
15 May 2013
A direct entry may also be purchased,
Furniture Dr.
to Bank a/c cr.
Furniture Dr.
to Bank a/c cr.
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