Gst on purchase of Hard disk drive for computer input and accounting entry

ITC / Input 1009 views 5 replies

We have purchased ssd harddisk for computer. I know that we can take gst input 

what we should consider this repair and maintenance expense or we should debit computer and peripherals 

And also suggest what will be the accounting entry

Replies (5)
You should debit computer and peripherals.
You should debit the computer and peripheral account
Debit computer and peripherals.
Credit cash/bank
Computer and Peripherals A/c...Dr
To Cash/Bank A/c
( Being hard-disk purchased for Computer ).

It's a Capital Expenditure.

Also debit gst input ?


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register