Mobile purchase

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

05 November 2012 company purchased mobile of Rs 18000/= under which head debited either in expenses or to be capatilised under office equipments

CA VIKASH AGARWAL (Expert)
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05 November 2012 if mobile is purchase on the name of company so it is treated as fixed asset in the name of electronic equipment.

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