Accountancy, asked by pinderdhindsa44, 1 year ago

purchase building entry in account

Answers

Answered by Anonymous

5

Hello..

journal entry...

Building a/c dr.

______To capital a/c

hope it helps..

Anonymous: no ..building will come in capital a/c

babushall: hi sharma

babushall: what u told is for opening entries

babushall: but here the building is purchased

babushall: so what he told is right

Anonymous: oh

Anonymous: ya ..u r right

Anonymous: my mistake

babushall: which standard you are

Anonymous: 12

Answered by babushall

2

the journal entry will be...

building a/c dr

to cash/bank a/c...

( being building purchased for cash/bank).

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