Fixed assests accounting
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
07 August 2013
if assets (tipper purchase in loan of director and invoice in the name of company than what shold be possible solution in relatio to accounting ?
07 August 2013
Dear ,
Please try to elaborate the query or is it situation as follows.
1. Loan Taken from Director by Company
2. Tipper Purchase by Company out of Loan from Director
or
1. Loan Taken in name of Director , emis paid by company
2. Loan used by company to purchase Tipper for company
please elaborate or confirm
Please try to elaborate the query or is it situation as follows.
1. Loan Taken from Director by Company
2. Tipper Purchase by Company out of Loan from Director
or
1. Loan Taken in name of Director , emis paid by company
2. Loan used by company to purchase Tipper for company
please elaborate or confirm
07 August 2013
if paid by director for company use then mention in books of co. for asset purchase but corresponding entry in directors loan a/c needs to be passed.
Querist : Anonymous
Querist :
Anonymous
(Querist)
10 August 2013
Loan taken by Director and Assets purchase i mean invoice is in the name of company.
Company want to pay installment amount
Company want to pay installment amount
10 August 2013
then adjust in loan a/c of director as i advised above.
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