accounting procedure for conversion
This query is : Resolved
02 July 2008
accounting treatment for conversion of investments in to stock in trade
02 July 2008
which software u r using in the system for accounting.
First create a ledger(x) under current assets.
Then pass a journal entry
ledger(x) a/c......... Dr
to Investment A/c.
First create a ledger(x) under current assets.
Then pass a journal entry
ledger(x) a/c......... Dr
to Investment A/c.
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