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Joint property accounting

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(Querist)
19 January 2011 How to record joint property value if:-
for example:
Property shows in husband's books worths Rs 1500000

800000 Rs received in husband's bank account

and remaining amount received in wife (joint owner) bank account
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Vishal Sharma

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Vishal Sharma (Expert)
20 January 2011 please clarify the question first

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