What will be the journal entry for cell phone purchase
This query is : Resolved
01 April 2013
Dear Experts,
Good Evening
Our company buys cell phones for Gift to Clint. Should the purchase be entered as TELEPHONE EXPENSE, or should that go under OFFICE EXPENSE or Fixed Assets or any other category? kindly let me know
Thanks for the help!
Good Evening
Our company buys cell phones for Gift to Clint. Should the purchase be entered as TELEPHONE EXPENSE, or should that go under OFFICE EXPENSE or Fixed Assets or any other category? kindly let me know
Thanks for the help!
CMA Ramesh Krishnan
(Expert)
01 April 2013
Since it purchased for Client, you can debit to Business promotion expenses
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