we purchased tata sky connection & paid Rs. 1500/- for set of box & Rs. 1500/- to view channel plz suggest in which head should i debit above two expenses.
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Tata sky connection exp. head
Replies (3)
in the case of purchase for office use:
Office Exp.....................Dr
To Cssh/ Bank a/c
in the case of personal use:
Drawning A/c....................Dr.
To Cash/ Bank A/c
I agree with Tarun jain. He's correct.
Show it as Office Expense or Drawings..
It also can be any head under Fixed assist for your office or company
Other Equipment/Tata Sky (Fixed Assist) A/c 1500 Dr.
Company/Sundry Creditor name A/c 1500 Cr.
& During Payment
Company/Sundry Creditor name A/c 1500 Dr
Cash/Bank A/c 1500 Cr
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