Fixed asset purchased using bajaj Finance Card
This query is : Resolved
05 April 2024
Proprietor Purchased a laptop using his bajaj Finance Card for his firm. and the EMI will deducted from his personal account. what will be the journal entry? and can avail the itc
05 April 2024
ITC can be availed as it's used for business.
Debit liability account and Credit capital account.
Debit liability account and Credit capital account.
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