Capitalisation
This query is : Resolved
06 February 2008
Please tell me About Capitalisation i.e. Accounting of Capitalisation, Entry in Tally, Depriciation on Capital Assets,
& all details about Capitalisation,
Thanking you,
Regards,
Vaidyapady
& all details about Capitalisation,
Thanking you,
Regards,
Vaidyapady
06 February 2008
In tally for depreciation following entry to be passed :
Depreciation A/c.......Dr
To Fixed Asset
Capitalisation means you are using the asset for longer period to earn income out of it.
Depreciation A/c.......Dr
To Fixed Asset
Capitalisation means you are using the asset for longer period to earn income out of it.
21 February 2008
Entry for Capitalisation will be:-
Fixed Asset ....Dr.
To Supplier/Cash
Fixed Asset ....Dr.
To Supplier/Cash
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- Sale of property furniture sale
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- RCM INVOICING FROM NOV-2024
- Confusion around Form 26QB fields
- TDS under section and rate of TDS
- GST input on scooter purchased
- TDS under section 194Q and TCS under section 206C
- GST input on car insurance and repairs
- GST input on Diwali gift to employee
- GST input on Mobile Handset
- Material and freight in same invoice
- TDS under section 194J inclusive of reimbursement of expenses
- TDS on Material and Labour in same invoice
- Should I be worried about and rectify reporting Jan,Feb ,March 2024 foreign salary in schedule FA?
Trending Online Classes
CAclubindia
