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Credit card machine installation chg


sandeepverma (don't make exuse for study)     03 September 2011

sandeepverma
don't make exuse for study 
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I have a Show room of garments and i am install a Credit Card machine form HSBC bank and bank charged 7000.00 for this please tell me on which head book this expenses as 

1- As a bank chg 

2 Software installation 


please suggest me its urgent 

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Lakshy (Semi-Qualified C.A. PGDFM BCom.)     03 September 2011

Lakshy
Semi-Qualified C.A. PGDFM BCom. 
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There is no question about bank charges or installation charges, it is simply installation charges.

Bank charges always related to your bank a/c transactions. 

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CA ADITYA SHARMA (CA IN PRACTICE )     03 September 2011

CA ADITYA SHARMA
CA IN PRACTICE  
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INSTALLATION CHARGES                

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surender (Manager Accounts)     05 September 2011

surender
Manager Accounts 
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Installation charges.....dr.

To bank a/c

This is expense. Being  credit card instllation charges dudcted by bank.


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