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
10th Edition
ISBN:9781337619202
Author:Hall, James A.
Publisher:Hall, James A.
Chapter12: Electronic Commerce Systems
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Question
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](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F8dd902f8-6431-45e1-964f-aabc90f93bf5%2Fb3335261-cc68-40d9-b966-625fbbe65eab%2F2hm59cf_processed.jpeg&w=3840&q=75)
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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