How you will treat purchase of phones & software CD's in
Tally. what are the heads for both.
Answers were Sorted based on User's Feedback
Answer / 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 |
DEPRECIATION
hi i want to run vendor debit memo after he paid all amount i want to give discount through miro i am giving the price and quantity and run in through miro the system will pass another two more line iteams extra and shwoing dr/cr balance +/- when i will increase the amount this is also increasing what is the reason i dont know please send me immediately
Why is Interest A/c debited and Bank a/c credited when interest is charged by the bank?? Here I assume Its an expenses so interest is debited but I don't understand why bank is credited?? Bank is a personal account. Please explain this doubt?
what is entry godds drwings in personol use my point of viwe is drwaings ac dr To goods
what is accrual basis of accounting?explain in detail?
5 Answers Deloitte, Northern Trust,
WHAT IS CASH DISCOUNT & TRADE DISCOUNT?
vijay sir, Pls, tell me what's the difference of school fees and tution's fees.pls. explain briefly.
What is an adjusting journal entry?
Capital reserve is - a) real account b) nominal account c) personal account d) none of them
WHAT CAN CLOSING STOCK SHOWING IN TRIAL BALANCE
What is Accounts Recivable & Payble???
how will be the entry of service tax on freight?