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

If 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. Then, cash a/c dr will be 2000000.

Answer 2

Answer : See the attachment photo.

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