As-19
This query is : Resolved
27 September 2013
dear sir..
I have a confusion regarding AS -19 .I.e I m auditor of volkswagen cars showroom .
today m considering their balance sheet of privious year then I observ that in their balance sheet they not mention regarding any property on lease .
please give me answer that they have to disclose it or not.
they receive asset without any furniture they brieng their own.
27 September 2013
Yes if there is any such property is leased its compulsory to disclose.
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