Interested to Buy Any Domain ? << Click Here >> for more details...
Pls. tell me any body , in my company we are paying emi for
systems how the value take for computers & how to book a
j.v for above transactions
- 1 Answers
- 4120 Views
- I also Faced
- E-Mail Answers
Answer / prashant
lets assume you have bought computer systems for Rs. 50,000
from ABC Ltd on 10 EMI of Rs. 5000
entries to be pass are
1)
computer A/c (Fixed Assets) Dr. Rs. 50000
To ABC Ltd Rs. 50000
(being purchase of Computer)
2) while making emi payment entry to be pass
ABC Ltd A/c Dr. Rs. 5000
to Cash/ Bank A/c Rs. 5000
(being 1st out of 10 emi paid for purchase of computer)
| Is This Answer Correct ? | 5 Yes | 0 No |
At the time of advance tds deducted 2% contract which was wrong but when we adjusting the adavace tds deducting 10% rent how can we adjusting that amount
Why do we transfer all indirect exp. in P&L A/c by journal Entries in Tally.
capital is a assets but its shows in liability side. why?
sir, I wanted to know what is the difference between cash and cheque payment in terms of tax.
Transport expense were reimbursed by the supplier Pass journal entry
1 Answers Satyaki Educational Academy,
How familiar are you with crm?
My company has taken a car Full payment car cheq throw after loan from ICICI Bank, Assume . Plz pass the entry umesh
Why current assets Liability said & current Liability Assets said...?at tally ERP9
0 Answers Engineers India Limited,
Our company deposited an amount of 20000 as FD . After the maturity period we are not received any interest and the bank deducted 2938 amount as TDS from our interest and added the interest to the principle amount and renewed the FD. then what is the journal entry for the same.
what is Journal entry or Journal Voucher
1. what is the general Percentage in india (%) of Deprication for Furniture, building Other Assests like Company Car, and COmputer and Airconditioner etc., Waiting for Answers
What is an asset, an expense, a liability, revenue and equity?
Audit 
