Mobile fixed assets

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ACCOUNTANT
24 Points Posted on 20 February 2016
Employee buy Mobile Rs 12000/- as per company rule approve only Rs.8000/- and balance amount paid employee pocket Rs 4000/- in office equipment how much amount mention 8000/- or 12000/-
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On 20 February 2016 at 12:29 Report
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Employed
792 Points Posted on 21 February 2016

Rs. 8000 borne by the company, hence Rs. 8000 shall be recognised as cost of assets

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On 21 February 2016 at 00:14
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accountant
101 Points Posted on 03 March 2016

Could it be treated as fixed asset or Revenue expenses ?

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On 03 March 2016 at 16:35
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accountant
101 Points Posted on 03 March 2016

What percentage of depriciation is to be calculated  on mobiles ?

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On 03 March 2016 at 16:35
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Employed
792 Points Posted on 03 March 2016

Fixed Assets

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On 03 March 2016 at 16:38

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