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Querist : Anonymous

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Querist : Anonymous (Querist)
23 April 2015 If there is supply of 10000 file board of Rs.90000
In which head it will be shown
1) office equipment (fixed assets)
2) miscellaneous expenses(p & l)

23 April 2015 Hi ,

The Transaction that you presented is of revenue nature & the same should be debited to Profit & Loss A/c under the head printing & stationary.

Regards

23 April 2015 Printing and stat. expenses


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