Dear all,
What will be the journal entry for newspaper purchased for business ppurpose.please help me soon as possible
2 Replies
Avinash Tripathi
(CONSULTANT)
(118 Points)
Replied 23 December 2015
Books and Periodicals or Newspaper and Magzine a/c DR
To vendor (from whom the newspaper purchased)
Vendor a/c DR
To Cash/Bank
Mohammad Adil
(Accountant)
(64 Points)
Replied 23 December 2015
books and periodicals under current asset group right
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