Entry posting in tally

A/c entries 3043 views 3 replies

Plastic Box purchase for own use. How I can pass this entry ? pls help me

Replies (3)

Sir Your question is not clear please provide some details..

After all no entry is required to be passed for purchase of goods meant for household consumption. :)coolwink

Nice reply mahesh ji...laugh

Sujith,

if it had been bought for production purpose, the entry shud be

purchase a/c. dr

VAT (if any) a/c. Dr

To Cash/Bank/Party  a/c  Cr.

if its  just for office use it can be directly debited to Exps head.

 

 

 

If purchase belong personal use then it should affect Capital Account and purchase of plastic box would be treated as drawing of cash for some personal use.

so Entry  would be...

(Debit) Drawing A/c

(Credit)To Cash A/c

( Being Plastic Box purchase for personal use )


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 14 March 2026
Article Trainee

N N V Satish&co

Hyderabad

CA Inter

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details