Assets
This query is : Resolved
24 March 2014
if a car is purchased by taking loan then whether it should be shown under assets or only under loans it should be shown ??
24 March 2014
car will be shown as assets in bal sheet and loan in liability...
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Leave encashment and gratuity on death of employee
- Tax Liability on Trading Account in Name of Person with Disability (Autism) Operated by Guardian
- Tcs claim for previous financial year
- Dinner party and 194Q
- IGST ITC RELATED
- IMPORT OF GOODS CREDIT
- GST on Taxi Service
- ITC on mobile phone used for business
- GST RATE FOR CONSTRUCTION OF ROAD
- I want to Close my LLP
- Health insurance
- TDS Return filing if only have 15G /15H deductions and no other payments
- 80G deduction eligibility
- GST on Tobacco - as per new notification
- Cant amend a 26QB
- Gst no of supplier cancelled from 2017
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Composition Dealer GST Annual Return Filing process
- TDS under section 195.
- Filing GST Returns after death of proprietor
Trending Online Classes
-
Online GST Course - Master the Fundamentals of GST with Practical Insights
Ruhi Joshirao19 January 2026
CAclubindia
