if expenses of motor car are 10,000 per.m and it is equally used for official and private use how can we show it in the accounting equation
how we will deal with it
PER Month
will motor car account be also deducted
101 Views|Posted 2012-08-27 22:23:36
Asked by King
2 Answers

Answered by
2012-08-28 15:21:49
dear as u said 50% is used for the business and 50% for private purpose. so only 5000 should be booked in the books..

Answered by
2012-08-28 10:54:35
Hi,
Shiksha is an education portal where students who need career guidance and experts come together.
I would suggest you to come up with queries related to academic career.
Feel free to revert.
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