Hello there is query that we have booked a entry in purchase instead of fixed assets.
what is solution?
Menu
wrong debited account of purchase instead of fixed assets
Replies (2)
Credit the Purchase Account and Debit the Fixed Asset Accounts. That's it.
PASS A RECTIFY ENTRY
Recent Topic
- TDS deducted by EPFO under wrong section
- Schedule SI in ITR-2
- What is the easy way to do CA- through foundation
- Schedule FA query for this AY 2026-27
- Business income source for husband and wife
- Set off of LTCL against STCG under section 536(2n)
- Audit Workflow tool
- Is CA through direct entry easy for a commerce stu
- Dividend and withholding tax - DTAA- RSU
- NRI Query: Capital Gains Tax Exemption under Secti
Related Topics
CAclubindia
