Ask Experts Questions for FREE Help !
Ask
    sbhaja's Avatar
    sbhaja Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Jan 19, 2014, 03:47 AM
    Capex journal
    I have small confuessiin!

    We have purchased motor vehicle cost is 450k cash purchase .

    So we do the entry

    Dr MV 450k
    CR Bank 450k

    In this case any capital expenture incurred ? Can you please explain beiefly? Please.

Check out some similar questions!

Politte Supply uses a sales journal, a purchases journal, a cash receipts journal, a [ 5 Answers ]

Politte Supply uses a sales journal, a purchases journal, a cash receipts journal, a cash disbursements Journal, and a general journal. The following transactions occur in the month of April. Apr. 3 Purchased merchandise for $2,750 on credit from Scott, Inc. terms 210, n30. 9 Issued check no....

Redmon Company uses a sales journal, a purchases journal, a cash receipts journal, a [ 1 Answers ]

Redmon Company uses a sales journal, a purchases journal, a cash receipts journal, a cash disbursements Journal, and a general journal. The following transactions occur in the month of June. June 1 Purchased $8,100 of merchandise on credit from Vick, Inc. terms n30. 8 Sold merchandise costing...

View more questions Search
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.