Purchase of fan and airconditioners

This query is : Resolved

Share Report Follow Query Ask a Query

Querist : Anonymous

Querist : Anonymous (Querist)

04 August 2013 may i know the journal entry for purchase of air conditioners and fan against cash

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
Follow

04 August 2013 No journal, since cash purchase you can make direct payment entry

Dr: Fixed asset( fan & Air Conditioner )
Cr: Cash

or make journal with vendor to keep the track for warranty and further services

Dr: Fixed asset( fan & Air Conditioner )
Cr: Purchased vendor

and Make payment entry

Dr: Vendor
Cr:Cash

Message likes : 1 times

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok