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