Interested to Buy Any Domain ? << Click Here >> for more details...
is we purchase any software like installation of MS Windows
do we need to capitalize it or post it under head repair &
maintenance A/c?
- 4 Answers
- 9561 Views
- I also Faced
- E-Mail Answers
Answer Posted / geetha
It need not to be capitalized, it can be shown under
computer maintainence account because Computer is an asset
and soft-ware is used to make effective usage of computer.
| Is This Answer Correct ? | 3 Yes | 4 No |
Post New Answer View All Answers
WHAT ABOUT YOUR SELF IN ACCOUNTING SYSTEM
what is gl a/c? & why is it maintain
Tell me how much statistics knowledge is necessary or required in accounting?
what are the extraordinary items?
How to show Airticket Expense on Company's A/c as Company expense
By saying, perpetual or periodic inventory system; what do we mean?
WHAT ARE THE DIFFICULT ELEMENT OFF JOB
Can you help me to pass the journal entry for work in progress for a construction company? I would like to know the debit and credit for W.I.P will be under in which accounts head. Eg: debit will be in current asset a/c head, and credit will be under in which a/c in P&L? whether under purchase a/c head, or under direct income a/c head? please give me the details. Thanks for your previous answer?
What is accounting normalization?
I'am accountant working in a trading concern. I wish to become an accountant in a manufacturing/construction company.are there any books available in the market from which I can get an Idea as to how accounts are prepared and maintained for a manufacturing/construction company.
What are a debit note and credit note with an example?
What is tds and how it is calculated?
Tell me what is the equation for acid-test ratio in accounting?
Tell me why some asset accounts have a credit balance?
what is the Differed Tax Liability & How it is calculate ?
