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How you will treat purchase of phones & software CD's in
Tally. what are the heads for both.

Question Posted / arnab bhattacharya

Answer Posted / arnab bhattacharya

If you purchase the Phones & software cd's for personal use
then it will be your fixed asset.

But if you purchase the phones & software's for re-selling
purpose then it will be your stock items under current
assets.

Is This Answer Correct ?    4 Yes 0 No



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