NITESH KUMAR (ACCOUNT ASSITENT) (72 Points)
25 December 2016
ankita gandhi
(student)
(5908 Points)
Replied 25 December 2016
NITESH KUMAR
(ACCOUNT ASSITENT)
(72 Points)
Replied 28 December 2016
thanks mam for solution, mam one more thing please tell me we have 2 firm in delhi & haryana
this car bought for Haryana Firm Purpose and its payments & Loans made by delhi Firm Bank A/c.
then how these entry passed in Both Firms.
please me give Soloution
Thanks
NITESH KUMAR
(ACCOUNT ASSITENT)
(72 Points)
Replied 28 December 2016
| Originally posted by : NITESH KUMAR | ||
 |
Sir i Bought a toyta car from toyta showroom in loan car cost is included all taxes 17,93,935/- i have paid down payment = 3,35,920 loan period is 5 years My monthly Installment is 31328/- per month. please tell me step by step how i will post this entries. |
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Rama chary Rachakonda
(Master in Accounts & high court Advocate email ID:ramachary64@gmail.com voice no:9989324294)
(7600 Points)
Replied 28 December 2016
when you pay I st instalments the entry should be car loan a/c dr
to Bank/cash a/c
CAclubindia
