Question

Purchased Building for Rs. 2,00,000 and paid 2% brokerage on its purchase . Also incurred Rs. 24,000 for its Registration . Payment for Building was made by cheque and brokerage and registration charges were paid in cash.

Answer 1

Answer:

cash a/c dr 2000000

Explanation:

affsgs

Answer 2

Answer:

building account. Dr. 228000

To bank account. 200000

To Cash account 28000

Explanation:

( Building purchased for rs.200000 and paid brokerage at 2% and ragistration charges of rs.24000 on it )