Capital goods purchase entry & fixed asset entry

This query is : Resolved 

05 November 2011
Dear sir,

Pl.send me detail of vat entry

1) purchase Epbx system rs.12000.00
Vat 12.5% Rs 1500.00
Total 13500.00


Regards,

05 November 2011 EPBX system would be fixed asset ledger in books of a/c

EPBX a/c dr ........13500
Cash / Bank a/c ...........13500



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