Purchase of fan and airconditioners

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Querist : Anonymous

Querist : Anonymous (Querist)

04 August 2013 may i know the journal entry for purchase of air conditioners and fan against cash

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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04 August 2013 No journal, since cash purchase you can make direct payment entry

Dr: Fixed asset( fan & Air Conditioner )
Cr: Cash

or make journal with vendor to keep the track for warranty and further services

Dr: Fixed asset( fan & Air Conditioner )
Cr: Purchased vendor

and Make payment entry

Dr: Vendor
Cr:Cash

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