answersLogoWhite

0

take all purchases of stationery to stationery supplies, an asset account, then at the end of a period, you go and count the stationery unused in the cupboard, then you take the difference to stationery expense a/c. If that's what she wants you'd better follow that, but let me tell you, no-one does that in real life. Utter waste of time.

User Avatar

Wiki User

14y ago

What else can I help you with?

Related Questions

Is stationary assets current assets?

Yes it is, a non current asset is one that will last over 12 months, a current asset is one that will be used up within 12 months.


Is stationery a liability?

From a bookkeeping point of view Stationary is a separate account from everything else and when posted is usually classed as an Asset ot a Liability.


How many stationary asset GPS tracking systems are deployed?

Since GPS tracking systems are used in Government, Business and private sectors, I would say 10's of thousands. Anyone can purchase a GPS tracking system and they are used for many things including but not limited to stationary assets.


What are the homophones for stationary?

The homophone for stationary is stationery.


Is livestock in case of mixed farming fixed asset or current asset or wasting asset or tangible asset?

Tangible asset


Is cash vault a financial asset or a real asset?

real asset real asset


Which is not a noun - stationary or stationery?

stationary


Can you show a sentence with the word stationary?

I was at the gym and i saw a black and white stationary bike.


Is cash float an asset or income?

asset


What is the formula for equity method?

dEBIT COST AS AN ASSET DEBIT EARNINGS IN ASSET CREDIT DIVIDENDS RECD IN ASSET dEBIT COST AS AN ASSET DEBIT EARNINGS IN ASSET CREDIT DIVIDENDS RECD IN ASSET dEBIT COST AS AN ASSET DEBIT EARNINGS IN ASSET CREDIT DIVIDENDS RECD IN ASSET


What is Asset Reconciliation?

Asset Reconcilation means reconcilation of asset, verifying the asset with the available cash.


Is cafe a current asset or fixed asset?

Current asset.