Accountancy, asked by saifali63883, 7 months ago

jasapl has purchased a car for 500000 which he got financed from a bank to the extent of 400000 how will it be shown in the accounting equation

Answers

Answered by nadardiwakarjkd8

3

Explanation:

Car A/c ....Dr 500000

To Loan from from Bank A/C 400000

To Account Payable A/c 100000

Previous Question

Next Question

Similar questions

English, 3 months ago

He is making noise correct the sentence...

English, 3 months ago

Tone and Mood of the poem 'Patriot' by Robert Browning.

Math, 3 months ago

The diagonals of the quadrilateral are perpendicular to each other is sucha quadrilateral always a rhombus? Draw a rough figure to justify your answer...

Chemistry, 7 months ago

explain why is it necessary to renew the anode periodically ...

Math, 7 months ago

The events with probability 1 are known as ...

Physics, 11 months ago

Indiscriminate uses of plastics is a serious threat to biodiversity what are the efforts of Government and non government organisation or organisation organisation in this regard in this regard...

History, 11 months ago

Who wrote the book 'A Merchant'sHandbook' ?

Economy, 11 months ago

Explain renewable and non renewable resource...