Question

Bought a second hand machine from Goel Store for Rs. 20,000. Paid
Rs. 500 on carriage and Rs. 1,500 towards installation cost.​

Answer 1

Machinery A/c. Dr.. 20,000

Carriage. A/c Dr.. 500

Installatin A/c. Dr.. 1,500

To goel store 20,000

To carriage 500

To Installation 1,500