Assets Pur.
This query is : Resolved
30 March 2011
Dear Sir,
Pls suggest me what should be effect in the books of a/c if we purchase fix. assets like machinery , computer , printer etc., capitalised the same & make the payment.
Tnks.
Pls suggest me what should be effect in the books of a/c if we purchase fix. assets like machinery , computer , printer etc., capitalised the same & make the payment.
Tnks.
31 March 2011
(1) Asset A/c Dr.
To Vendor A/c
(2) Vendor A/c Dr.
To Bank A/c
or simply
Asset A/c Dr.
To Bank A/c
To Vendor A/c
(2) Vendor A/c Dr.
To Bank A/c
or simply
Asset A/c Dr.
To Bank A/c
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