Accountancy, asked by muntazirrashid024, 4 months ago

nk purchased a computer by caas rs35000

Answers

Answered by sachinkumar1812

Answer:

Journal Entry for this transaction

Explanation:

Computer A/c Dr. 35,000

To Cash A/c 35,000

( being computer purchased for cash)

sachinkumar1812: Yaa dear its Asset

muntazirrashid024: current asset

muntazirrashid024: cash and computer are real accounts

sachinkumar1812: We will consider as Fixed Assets..

muntazirrashid024: computer is fixed assets

muntazirrashid024: cash is current aaset

sachinkumar1812: yaa dear cash is current asset

sachinkumar1812: Current assets are all the assets of a company that are expected to be sold or used(in flow) as a result of standard business operations over the next year. Current assets include cash.

muntazirrashid024: thanks so much sir

sachinkumar1812: My Pleasure dear

Answered by Anonymous

Answer:

Computer a/c. Dr.

To cash a/c

Explanation:

Hope it helps you ✌️✌️

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nk purchased a computer by caas rs35000