Fixed Asset - Discount applied
This query is : Resolved
25 May 2021
Dear Respected Members,
We have bought an Office chair. Its actual price is 6000 Rs, but we paid only 1000 Rs after redeeming a coupon of 5000 Rs, so should I consider 1000 rs as fixed asset value?
Thanks
We have bought an Office chair. Its actual price is 6000 Rs, but we paid only 1000 Rs after redeeming a coupon of 5000 Rs, so should I consider 1000 rs as fixed asset value?
Thanks
25 May 2021
Yes, consider 1000 as fixed asset value actually incurred.
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