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Double entry for the invoice you have received base on the account and supplier number provided. (ii) Base on tax point of view, specify each item whether it is Capital or Revenue expenditure.

Double entry for the invoice you have received base on the account and supplier number provided. (ii) Base on tax point of view, specify each item whether it is Capital or Revenue expenditure.

Accounting Information Systems
Accounting Information Systems
10th Edition
ISBN:9781337619202
Author:Hall, James A.
Publisher:Hall, James A.
Chapter12: Electronic Commerce Systems
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INVOICE issued date 05/05/2020 as below:

You have received an invoice from one of our suppliers and you are required to prepare:

(i) Double entry for the invoice you have received base on the account and supplier number provided. (ii) Base on tax point of view, specify each item whether it is Capital or Revenue expenditure.

Qty Description Monitor cable 2 2 2 5 12 12 58202 58203 70012 Lenovo desktop Vacuum cleaner Lighting switch Account no. 58001 58031 58201 70301 70305 A4 Paper Pilot 0.7 Blue Pen Supplier no. 7010 9185 Description Printing & stationery Office equipment Computer software Computer hardware Computer accessories Electricity Upkeep of factory Disposal cost Supplier name All In Company Sdn Bhd Ambu A/S (Inter-Co) Unit price (RM) 18.90 2,350.99 1,099.00 9.90 8.90 10.90 Total Amount (RM) 37.80 4,701.98 2,198.00 49.50 106.80 130.80 7,224.88
Transcribed Image Text:Qty Description Monitor cable 2 2 2 5 12 12 58202 58203 70012 Lenovo desktop Vacuum cleaner Lighting switch Account no. 58001 58031 58201 70301 70305 A4 Paper Pilot 0.7 Blue Pen Supplier no. 7010 9185 Description Printing & stationery Office equipment Computer software Computer hardware Computer accessories Electricity Upkeep of factory Disposal cost Supplier name All In Company Sdn Bhd Ambu A/S (Inter-Co) Unit price (RM) 18.90 2,350.99 1,099.00 9.90 8.90 10.90 Total Amount (RM) 37.80 4,701.98 2,198.00 49.50 106.80 130.80 7,224.88
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