• Answer of this question

    Cash paid for installation of machine 70000₹
    Mohammad Shahbaz's image
    Mohammad Shahbaz

    When fixed asset purchase, entry will be

    Fixed asset.......Dr

         To cash/Bank......

    Also when Fixed asset installation, entry will be 

     

    Fixed asset....Dr

         To cash/bank

     


    Written on Sept. 26, 2017, 4:48 p.m.