Surinder (Assistant) (362 Points)
08 July 2021
yasaswi gomes
(My grammar is 💯 good I)
(7290 Points)
Replied 09 July 2021
Motor car a/c fixed asset
Prepaid insurance a/c current asset
Registration expense (included in car- fixed asset)
To Bank a/c
yasaswi gomes
(My grammar is 💯 good I)
(7290 Points)
Replied 09 July 2021
Forgot to mention that transaction can be done in journal voucher directly. Or use the purchase voucher
Fixed Asset a/c+ registration fee
Sgst
Prepaid a/c
To Creditor a/c
then make the payments from payments voucher
CAclubindia
