A Doctor new clinic strated dt:01-11-2021
1.Capital investment in cash rs:6 lacs dt:15-10-21
2.purchases of furniture and equipments value rs:3 lacs dt:21-10-21
Question:
A doctor above mentioned transactions accounting entry passed in books different transactions dates or single entries passed clinic strated date is correct method.
Date on which cash is deposited in Bank.
Second entry date of bill for purchase of asset.
Third entry date on which payment is made to the person from whom asset is purchased.
Jawahar and Associates Chartered Accountants
Hyderabad
CA Inter
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BANSAL YOGESH AND CO
Gautam Budh Nagar
B.Com
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