Treatment of expenditures
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
04 September 2014
A company developed cyclinders for getting packing
materials. These cyclinders costs us Rs. 70000/-
These cyclinders are in possession of suppliers.
As and when will order supplier for packing materials,
he will supply the packing materials made using such
cyclinders.
Query is
In which head we should book such cyclinders, keeping
in mind that such cyclinders has not entered the
premises of company i.e. same is in posession of
supplier.
materials. These cyclinders costs us Rs. 70000/-
These cyclinders are in possession of suppliers.
As and when will order supplier for packing materials,
he will supply the packing materials made using such
cyclinders.
Query is
In which head we should book such cyclinders, keeping
in mind that such cyclinders has not entered the
premises of company i.e. same is in posession of
supplier.
04 September 2014
if u are the owner but kept as stock then it will come as stock in transit
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