Sole proprietor purchase asset with Bajaj card
This query is : Resolved
Laya Mebin
(Querist)
08 April 2024
What will be the entry if a sole proprietor purchase a fixed asset for the firm with his Bajaj Finance card. Please advice
CA R SEETHARAMAN
(Expert)
10 April 2024
Debit fixed assets and credit capital account/credit card account.
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