Write of fixed assets value upto rs.5000
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
15 September 2014
as per companies act upto rs 5000 we can write of fixed assets purchase.what will be the journal entry if i have purchased of fixed assets value upto 5ooo.
15 September 2014
This rule was under Companies Act 1956. Under Companies Act 2013 there is no such provision.
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