entry
Prince (p...) (51 Points)
08 September 2010
while purchasing stationery
Passed - stationery dr. To pur
Why not - stationery dr. To cast
Ashish Tibrewal
(job)
(80 Points)
Replied 08 September 2010
Saurabh Toshniwal
(ca final)
(2363 Points)
Replied 13 September 2010
| Originally posted by : Ashish Tibrewal | ||
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we dont show stationry A/c in th books becoz it is of a vary low value....n we write off statnry evry year frm p/L acc...... |
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Dinesh Kumar Agarwal
(Article clerk)
(117 Points)
Replied 14 September 2010
Generally stationery items supposed to expensed as and when purchased and this very account head normally shown under the group indirect expenses. more over these items not supposed to be life even for a year. thus these were expensed as and when purchased.
Live Course on Invoice Management System (IMS) - 2nd Batch(With Recording)
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