Interested to Buy Any Domain ? << Click Here >> for more details...
can anyone give the journal entry with the amount
10 tv bought in the business for 1000 each, out of which
one is installed.
- 34 Answers
- 43125 Views
- Capital IQ, Genpact, I also Faced
- E-Mail Answers
Answer Posted / swetha reddy
it is clearly mentione that one is installed so it becomes
as capital expenditure its non-recurring in nature so the
treatment will be as follows
T.v a/c.........dr
To cash/bank a/c
As the other 9 are using for business,we should consider
them as purchases
purchases a/c..........dr
To cash/bank a/c
| Is This Answer Correct ? | 20 Yes | 4 No |
Post New Answer View All Answers
EXPAND___________NBW
Respective sir I'm bcom 1st sem student. I have very interest in banking sector. I finished my pu with 88% how I can prepare for banking exam (especially po)yet I have no any practice but I hope if I get good guidance I can pass my banking exam so kindly inform me how I can prepare for po exams. My email address is- 98anjuma@gmail.com. I'm really counting second when I will get ans by u. Thank you sir
What are motive behind mergers And acquisitions?
Expand---------ODMT
what are valuation accounts?
What is Purchase Requisition means? Why we used this in MM Module in SAP? what is t.code of it?
impairment & Amortisation Means
What is re-financing in Letter of Credit settlement
closing stock at the end is comprised of %a purchase price of $60000,10% discount and 15% import duty.The stock can be sold for $70000 after incurring costs of $1950.Included in the purchase price is abnormal wastage of $2000.Transportation costs are $1000 and storage costs are $500,what is the value of the closing stock?
What are the general Ledgers?
What are the rates of Depreciation? Like machinery items, wooden items?
How now about sales tax and purchase tax.what is the persentage of those thing in tamil nadu.
Expand-------NABT
Where we show Service Tax Due ( Debit Balance ) in Balance Sheet?
EXPAND___________INMA
