Question

10. Bought a motor cycle for business worth ₹ 60000 , half day it remains at home journalise the transaction.

Answer 1

Answer:

MOTOR VEHICLE A/C DR  60,000

  TO PURCHASE A/C              60,000

Explanation:

MOTOR VEHICLE A/C DR  60,000

  TO PURCHASE A/C              60,000

( BEING MOTOR CYCLE PURCHASED