How you will treat purchase of phones & software CD's in
Tally. what are the heads for both.
- 3 Answers
- 5412 Views
- I also Faced
- E-Mail Answers
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 |
Post New Answer View All Answers
what is the primary of for-profit organisation
dear i want basic a\C's oriented question. these are asking in mostly all mnc companies
Can i put opening stock in new company during closing time
what is the basic difference between pooling of interest method and purchase method in amalgamation
If balancing account is not assigned to company & is assigned to department wat will be the effects
Do you know executive accounting?
Do you know overhead in terms of accounting?
Explain me your track record in previous jobs, specifically speaking to any mistakes you may have made. There is little room for error in accounting?
what is the Journal entry for credit card bill paid from same bank account
What is the meaning of scrap value in accounting?
Why did you choose the a-levels you did?
How to pass an general entry for materials which are stored in warehouses??????
How the Depreciation will calculate in Company?
if my salary is 12000 per month how much i will get after deducting PF an ESI
How can pass reverse entry to close the account. If the Asset sides is greater then liabilities side and vice versa, then what can I do.
