Accounting entry
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
06 September 2012
hello
i want to while making P&l a/C and Bs of sole proprtorship, is the exepens makeing renovation of house, purchase of gold and other purchase of house hold items, can it included as expenese or assets of firm.
i want to while making P&l a/C and Bs of sole proprtorship, is the exepens makeing renovation of house, purchase of gold and other purchase of house hold items, can it included as expenese or assets of firm.
CA Ayush Agarwal
(Expert)
06 September 2012
These are Personal Expenses of Proprietor.
Mark Them as Asset/Expenses in Personal Book of Proprietor, Not Proprietorship Firm.
Mark Them as Asset/Expenses in Personal Book of Proprietor, Not Proprietorship Firm.
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