capitalisation
This query is : Resolved
Aneesh Nair
(Querist)
25 November 2008
Can anyone help me please how to capitalise one assets account and also tel me the journal entry for that if i purchased furniture of Rs 50000 pls clary with entries
25 November 2008
Furniture a/c Dr 50000/-
To cash/bank 50000/-
(Being cost of furniture
purchased as per bill...
dt.....)
To cash/bank 50000/-
(Being cost of furniture
purchased as per bill...
dt.....)
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