we purchased tata sky connection & paid Rs. 1500/- for set of box & Rs. 1500/- to view channel plz suggest in which head should i debit above two expenses.
3 Replies
Tarun Jain
(Student)
(42 Points)
Replied 13 December 2011
in the case of purchase for office use:
Office Exp.....................Dr
To Cssh/ Bank a/c
in the case of personal use:
Drawning A/c....................Dr.
To Cash/ Bank A/c
CA Ketan Waghela
(Partner at Elite Educare)
(356 Points)
Replied 13 December 2011
I agree with Tarun jain. He's correct.
Show it as Office Expense or Drawings..
Uttam Singh Koranga
(3 Points)
Replied 30 September 2018
It also can be any head under Fixed assist for your office or company
Other Equipment/Tata Sky (Fixed Assist) A/c 1500 Dr.
Company/Sundry Creditor name A/c 1500 Cr.
& During Payment
Company/Sundry Creditor name A/c 1500 Dr
Cash/Bank A/c 1500 Cr
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