Interested to Buy Any Domain ? << Click Here >> for more details...
Pls. tell me any body , in my company we are paying emi for
systems how the value take for computers & how to book a
j.v for above transactions
- 1 Answers
- 4100 Views
- I also Faced
- E-Mail Answers
Answer / prashant
lets assume you have bought computer systems for Rs. 50,000
from ABC Ltd on 10 EMI of Rs. 5000
entries to be pass are
1)
computer A/c (Fixed Assets) Dr. Rs. 50000
To ABC Ltd Rs. 50000
(being purchase of Computer)
2) while making emi payment entry to be pass
ABC Ltd A/c Dr. Rs. 5000
to Cash/ Bank A/c Rs. 5000
(being 1st out of 10 emi paid for purchase of computer)
| Is This Answer Correct ? | 5 Yes | 0 No |
Upto what extent we can keep cash in hand on year end (31 march)
what is the meaning of single entery system and double entery system ?
what is a gross profit ratio?
Explain the statement:"Fixed cost per unit is variable but variable cost per unit is fixed".
LIQUIDITY
Whether we add or not the Insurance policy premium of vehicle in asset value?
3 principles of accounting
share premium
3 Answers Capital IQ, Fidelity,
Can we consider capital work in progress as a part of fixed assets?
Define the term material facts in accounting?
MEANING OF RED HERRITING
What is accounting chart of accounts?
Audit 
