A company Which provides DTH services has purchased a set top box each at Rs.2500 and sold to customers at price of Rs.2000. How the difference of Rs. 500 will be treated in books of accounts.?
1 Replies
ajit sinha
(CA)
(51 Points)
Replied 10 July 2009
Dear chaitanya
your question regarding shortfall of Es.500/- see basically these dth box given to client for services .
1. Either you set this loss with promoting Business if it sold.
2.Or this loss or shortfall can adjust with the income which generated from this particuler set box.
regards
Ajit
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