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What will be a journal entry …

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What will be a journal entry for: Purchase a hourse Rs.12000 and a cart Rs.8000 for delivery for goods. Hourse was death after 3 months Rs. 3000 realised from his skin.

    • Posted by Diwam Mishra 8 years, 8 months ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Aarthi S 8 years, 8 months ago

    Livestock A/c                  Dr.      12,000

     Cart A/c.                         Dr.          8,000 

                 To cash A/c

    (Bring horse purchased)

     

    Cash A/c.                         Dr.        3,000

     Profit and loss A/c.        Dr.        9,000

           To livestock A/c.                         12000

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