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journal entry

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28 Points Posted on 22 July 2018
purchased a machinery for rs. 1,00,000 and the payment was made by issuing a cheque from proprietor's saving bank account.
what is the journal entry for this transaction?
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On 22 July 2018 at 18:27 Report
Replies (4)
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student
105 Points Posted on 22 July 2018
Machinery debit Prop capital ac credit
1 Reply
On 22 July 2018 at 18:37
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"Do the Right Thing...!!!"
128147 Points Posted on 22 July 2018
Is proprietor's SB account in his business BS?
463 Reply
On 22 July 2018 at 18:42
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CA Student
88 Points Posted on 22 July 2018
Machinery A/c Dr.
to Bank A/c
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On 22 July 2018 at 19:24
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24196 Points Posted on 22 July 2018
Machinery a/c..... Dr. 100000
To Bank a/c. 100000
161 Reply
On 22 July 2018 at 23:28


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