by Gayle
(Canada)
What bookkeeping entry would you need to record a purchase made on line?
For example, two computer items were purchased on line from USA for $100.00 USD. They were both computer software items. There is a Canadian brokerage fee and a Canadian GST charge taken from the receipts.
Both of these items are a capital expense (provides lasting value) but because of the value I am not sure if I should book it as an office expense or book it to the computer asset account.
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