cost and provision....homework!!!
rachy1975
Registered Posts: 366 Dedicated contributor 🦉
hi guys just a quickie...im a bit stuck doin my homework.
plant and equipment was bought for £40,000 excluding VAT
what goes in the cost account is it just the £40k or £40k plus Vat???
thanks in advance
:001_smile:
plant and equipment was bought for £40,000 excluding VAT
what goes in the cost account is it just the £40k or £40k plus Vat???
thanks in advance
:001_smile:
0
Comments
-
just the £40k
just the £40k
debit the vat account with the vat amountSandy
sandy@sandyhood.com
www.sandyhood.com0 -
thank you i thought that was it
:001_smile:0
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