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if a company purchased cell phones for employees how to
treat that expenses is it asset for the company under which
ledger it will come pls tell me friends?
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Answer / kavita
if company purchase cell phones for employer than it will
be treated as office equipments.
in books entry will be.
office Equipments A/c Dr.
cash/ Bank account Cr.
| Is This Answer Correct ? | 44 Yes | 4 No |
Answer / rahul
it,s depend upon situatin if mobile given for whole time
for employee than it,s Expens for company
entry is
p/l a/c ------dr.
To C/b a/c
if only for office use than its asset of the company
office eqp a/c------dr
To C/b a/c
| Is This Answer Correct ? | 16 Yes | 7 No |
Answer / suman baranwal
since cell phones are assets for the co. as it belongs to
co. & given to employee for office purpose,entry will be:-
office equipments dr.
to cash/bank
mobiles will be the subhead under office equipment.
cell phones will remain with the co. on change of employee
as employee hand will change for the use of mobiles & they r
not given to employees for their personal purpose
| Is This Answer Correct ? | 7 Yes | 7 No |
Answer / divya s k
since it is purchased for the sake of employees, it is an
indirect expense & hence debited to P&L a/c
P&L a/c Dr.
To general expenses a/c
| Is This Answer Correct ? | 3 Yes | 15 No |
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