Accounting Entry

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Nitin

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Mar 15, 2012, 4:04:34 AM3/15/12
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If a Company has Purchased 100 bags Taxable Item from suppliers for sale, but these bags out of 20 bags used for our office use i.e. Expenses ...So What is entry made in Tally .ERP 9 ?

Manish Negi

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Mar 15, 2012, 4:06:41 AM3/15/12
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I think the entry would be

Purchase A/c dr

to Supplier A/c

Being goods purchased.

expense a/c Dr

to Purchase A/c

Being used for office use. 

Manish Negi

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Mar 15, 2012, 4:07:16 AM3/15/12
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I think the entry would be

Purchase A/c dr

to Supplier A/c

Being goods purchased.

expense a/c Dr

to Purchase A/c

Being used for office use. 

On Thursday, March 15, 2012 1:34:34 PM UTC+5:30, Nitin wrote:
If a Company has Purchased 100 bags Taxable Item from suppliers for sale, but these bags out of 20 bags used for our office use i.e. Expenses ...So What is entry made in Tally .ERP 9 ?

On Thursday, March 15, 2012 1:34:34 PM UTC+5:30, Nitin wrote:
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