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Wi fi camera

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Querist : Anonymous

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Querist : Anonymous (Querist)
12 August 2013 wi fi camera purchased to be fixed in factory. what will be the journal entry ?
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Ganeshbabu K

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Ganeshbabu K (Expert)
13 August 2013 Dr.Electrical Equipment
Cr.ganeshbabu photo shop A/c

if it is cash purchase

Dr.Electrical Equipment
Cr.Cash A/c
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Querist : Anonymous

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Querist : Anonymous (Querist)
15 August 2013 electrical equipment will under current asset right?
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Ganeshbabu K

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Ganeshbabu K (Expert)
16 August 2013 No No it is Fixed Asset
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