Answer / nichit pandurang

1)Asset Booked Thrg JV
Software (Asset)A/c Dr 35000
Micro soft A/c CR 35000
2)Payment entry to party
Micro Soft Dr 35000
Axix bank Cr 35000

Answer / revanth

Software a/c Dr
To Banka/c

Answer / musthafa

windows software (asset) a/c DR 35000

AXIS BANK A/C CREDIT 35000

Answer / sachin

(1)journul entry

Software (Asset)A/c Dr 35000
Micro soft.. A/c CR 35000


2)Payment entry to party

Micro Soft Dr 35000
Axix bank Cr 35000

Answer / mangesh shukla

windows software is assets of the company

journal entry

windows software dr 35000/-
microsoft cr 35000/-

payment entry

microsoft dr 35000/-
bank axis cr 35000/-



if above entry is wrong so plz give me correct entry

Answer / shiva

please tell me tha present rates of taxes and and
percentage of all taxes pleas please tell i need very
urgent i will be thank full to u plesa i waiting for ur
answers thank u my mobile no is 09848083705.

Answer / shiji

Purchases a/c Dr
To Axis Bank a/c

(Being the software purchase made by cheque)

Answer / satish

windows software is not an asset. we cannot get money in future. so it should be treated as expenditure. we cannot sale the software to any other company.
the first entry is
software ac...dr
to microsoft ac (sundry creditors)
after payment through bank or cash
microsoft ac...dr
to bank (or) cash ac

Answer / yash

satish ji ye batiye ki software kis head me loge aap liabilities mein ya expenses mein bcs u say its not a assets

satish ji
all computer software is a intengible assets ok i think all the readers clear his doubts

Answer / vinay kumar

1) Booked assets by Journal
Software purchase A/c Dr. 35,000/- (Assets)
To Microsoft Co.A/c Cr. 35,000/- (Sundry Creditor)
(being software purchase to M/s Microsoft Co.)

2)Payment to Party(Sundry Creditor)
Microsoft Co. A/c Dr. 35,000/-
To Axis Bank Ltd. Cr. 35,000/-
(being purchase software paid by cheque)

Name three (3) fixed-income security types

2 Answers  

I m considering BASIC + DA at the time of calculating EPF. Is it the right procedure?

2 Answers  

Expenditure incurred for the innovation of Guest house building is revenue nature or capital nature ??

4 Answers   Amazon,

we are paid advance to employee Rs.5000 for TADA. After Trevelling employee return Rs.500. please pass journal entry

4 Answers   ABC, Express,

Hey can any body tell me..What are negative assets?

0 Answers  

What is the dual aspect concept?

0 Answers  

what is tax deducted at source

0 Answers   Construction,

Cheque dishonoured by bank What will be the entry i tally?

2 Answers  

Is it mendatory to provide deferred tax asset, where the management not expecting taxable profit in the subsequent financial years.

0 Answers  

if i am getting 165000 than should i dedected on my salary or not?

3 Answers  

The Actual Rent was 12000,in the month of Feb i had paid 15000 and in the month of march i had paid 3000. Pass the necessary Journal entry for this.

27 Answers   Accenture, Genpact, Sunshine,

what is good will

10 Answers   Capital IQ,