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Niel Graham

Niel Graham   14 August 2018

Accounting entry- hard disk purchased

Discover what a hard drive does, how enormous a drive you need, and the amount you can store on a hard drive. In the event that you just need to exchange a predetermined number of records to a PC, first seeing hard drive nuts and bolts will enable you to settle on better-stockpiling choices.

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 20 Replies


The same is depend up on the comany policy for capitalisation. i.e there may be a policy that expenditure above Rs. 5000/- should be capitalised. again the hard disc can be capitalised or treated as an expenditure (Repair and mentenence) as per the company policy. 


Deepak Gupta

Deepak Gupta (CA Student)     19 November 2012

Originally posted by : karan jit singh

A company had purchased a seagate harddisk worth Rs. 13500. Whether it's treated as a new asset purchased or repair and maintanence? Though company passed entry
stationary a/c dr
To Bank A/c

If there is any improvement, like increase in the capacity of the hard disk, then it will be capitalised and added to the cost of the computer otherwise debit to repairs and maintenance account.

1 Like
karan jit singh

karan jit singh (Consultant)     19 November 2012

please suggest that entry passed by company is correct or not



anurag gupta

anurag gupta (ca)     19 November 2012

Computer a/c Dr

To Bank.

Ranganathan K

Ranganathan K (Manager-Accounts & Audit)     19 November 2012

The journal entry should be passed as shown below:

Repairs & maintenance (Pl & machinery) A/c

To Bank A/c

Ravi Shankar Dubey

Ravi Shankar Dubey (zindagi ek sangharsh)     19 November 2012

Journal Entry

New Assests Purchased or Computer A/c Dr

To Party



Party A/c Dr.

To Bank/Cash

1 Like


Agreed with deepak gupta.


CA SUMIT LAL (PROPRIETOR)     19 November 2012

Whatever be the case, it can not be debited to "STATINARY A/C"


better to capitalise it, for the want of materiality and auditing conseptions (generally accepted) to 

Computer A/c



Computer A/c Dr

Ajay Chahal

Ajay Chahal (ca final)     19 November 2012

if p[revious harddisk is crashed then it will treat as 

Repairs & maintaince A/c      Dr.

                To  Cash/Bank A/c

If this is in addition and increases the efficiency of the computer then it should be capitalised and the below entry should be passed-

computer a/c Dr.

            To Cash/Bank a/c


1 Like
santosh sharma

santosh sharma (services)     19 November 2012

itne saare answers dekhkar chakkar aa gaya pata nahi kon sa sahi hai....




Komal Sharma

Komal Sharma (Assistant Accountant)     19 November 2012

If the hard disk purchased for the purpose of increasing the efficiency of ur computer and the computer is used for generating revenue in ur business then entry should be 

Computer A/c  Dr.

   To Bank/party/cash A/c

Otherwise entry should be 

Repair and Maintainence A/c Dr.

    To Bank/Party/Cash A/c

The entry passed by ur company is totally wrong.

Komal Sharma

Komal Sharma (Assistant Accountant)     19 November 2012

Don't be confused just go with the majority..................smiley

karan jit singh

karan jit singh (Consultant)     19 November 2012

Originally posted by : santosh sharma

itne saare answers dekhkar chakkar aa gaya pata nahi kon sa sahi hai....






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