Question

Purchase computer for Rs 25000 against cheque and donated.journal entry .plzzzz.. give ans

Answer 1

Answer:part1) For purchase of computer through cheque : two accounts are involved 1.) computer (i.e asset a/c) 2.)Bank a/c.

The journal entry is:-

Computer a/c Dr.

To Bank a/c

Part 2)For donation of computer ,the accounts involved are:1.) Computer 2.) donation

The journal entry is:-

Donation a/c Dr.

To computer a/c(asset)

Explanation:

Part 1) since computer is an asset (real a/c),increase in asset is debited.And Bank being a personal a/c,credit the giver i.e. Bank

Part 2) computer on being donated results in decrease of asset being real a/c( credit what goes out).And donation being an expense i.e. nominal a/c(debit all expenses and losses).

Answer 2

Donation

To bank

donation to bank hoyga, chaap lo explain nahi karna mereko