PL TELL ME PHONE OR MOBAIL IS OUR ASSETS IF YES CAN I TAKE
AS ASSETS IN MY BALANCESHEET & PL TELL ME DEPRECIATION
JOURNAL ENTRY
- 4 Answers
- 4573 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / pintu karmakar
LL phone is not assets but when you purchase a mobile/cell
phone that will treat as assets and you can take as assets
in BS. The journal entry will be;
Depreciation (expenses)A/c Dr
To Provision for depreciation (liability) A/c
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / murali
Yes it is a asset. So journal entry is
Depreciation a/c Dr
To Mobile's A/c
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / murali
Mobile is a asset.
Depreciation A/c Dr
To Electronics goods A/c
| Is This Answer Correct ? | 0 Yes | 1 No |
Answer / ashkar
MOBILE IS ABSOLUTLY ASSETS. SO JOURNAL ENTRY IS
DEPRICIATION A/C DR
TO MOBILE'S A/C
| Is This Answer Correct ? | 1 Yes | 3 No |
WHAT IS INTEGRAL ACCOUNTING
0 Answers Cognizant, Genpact, Integrated,
What is Reserv & surplus generally used in Balance sheet.
Expand R A C
is it necessasary to make a partnership deed
expand C T O
what is ADR
please give the sbi bank clerk exam paper model in last five years?
with out college degree con't we dc accounting job?
hi..this is swathi.i completed mba finance and graduation bsc microbiology.my question is companys like genpact,factset.. will hire me.is there any rule like that...I am very much greatful if u answer me....
Why does one need a broker?
How to dived the persons AOP, AJP, BODY OF INDIVIDUALS,HUF,COMPANY-NON RESIDENT, COMPANY RESIDENT LOCLA AUTHORITY,PARTNERSHIP FIRM(meaning)
What is Mean By FRS for HQ reporting, How To Prepare?
Audit 
