Purchased a fan for proprietor house 1200. What is the journal?

Question

Answer

Journal Entry for Purchasing a Fan for Proprietor House 1200

Date: [Date of Purchase]

Account Debit:

Cash/Bank Account [Debit amount of fan purchase]

Account Credit:

Purchases Account [Credit amount of fan purchase]

Explanation:

When a fan is purchased for the proprietor house 1200, the following journal entry needs to be recorded:

The cash/bank account is debited as the money has been paid for the purchase of the fan.

The purchases account is credited as the fan is considered a purchase for the proprietor house.

This journal entry reflects that the proprietor house has incurred expenses for the purchase of the fan, which is recorded in the purchases account. It also shows that the cash/bank account has been reduced due to the payment made for the fan. This entry will help in keeping track of the expenses incurred by the proprietor house and will be useful for future accounting purposes.

Answer

Drawing a/c Dr.  1200                          To cash a/c 1200

Answer

Drawing A/C..... Dr. To cash A/C(Being Fan purchase by proprietor for personal use)

Answer

Drawing a/c.        Dr.        1200         To cash a/c.                  1200

Answer

Drawings a/c.   Dr.            To cash a/c

Answer

Drawing a/c debit.      1200               To cash a/c. 1200

Answer

Drawings A/c         dr.       1200        To cash                                1200

Answer

Dr. Drawing A/c  1200  and Cr. Cash A/c 1200/-

Answer

Drawing A/C  Dr.   1200     To Cash A/C                1200(Being fan purchased by proprietor for personal use)

Answer

Drawings     drTo cash

Answer

Drawings account .....Dr 1200     To cash account                1200

Answer

Drawings A/cTo cash A/c

Answer

Drawings A/c .....Dr. 1200 To cash A/c 1200 (Being fan purchased by proprietor for personal use)

Answer

Drawing A/C Dr. 1200
To Cash A/C. 1200

Answer

Drawing a/c to cash a/c

Answer

Incomplete transaction with Technical defect

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