Entry in the books
This query is : Resolved
20 May 2021
Our company had purchased a mobile worth Rs 1 lakh. Under which head it will be shown..And what will be the un the books
20 May 2021
If used for the purpose of business, it would be a fixed asset
20 May 2021
If yours is mobile trading company then purchase A/c . If for the use of staff for office use the fixed assets account . if for personal use also then staff welfare account, also to see to include in their salary as perks value.
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