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Ledger account to be debited

Accounting Entries 336 views 4 replies

Dear Experts

Party will provide a link and/or deliver database electronically which the receiver company will use by trying to procure prospective work orders after contacting the contacts in data base.

Which ledger account should ideally be debited in books of account.

Regards

 

Replies (4)

This is like customer lists. If you look at intangible assets ledger, it's a real account and debit balance. 

In the Intangible assets ledger on the debit side 'To Bank' and on the credit side of the ledger 'By customer lists'

This is like customer lists. If you look at intangible assets ledger, it's a real account and debit balance. 

In the Intangible assets ledger on the debit side 'To Bank' and on the credit side of the ledger 'By customer lists'

This is like customer lists. If you look at intangible assets ledger, it's a real account and debit balance. 

In the Intangible assets ledger on the debit side 'To Bank' and on the credit side of the ledger 'By customer lists'

This is like customer lists. If you look at intangible assets ledger, it's a real account and debit balance. 

In the Intangible assets ledger on the debit side 'To Bank' and on the credit side of the ledger 'By customer lists'


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