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Fixed assets show in firm or partner account

This query is : Resolved 
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(Querist)
14 June 2021 Sir,
A partnership firm purchase of new car .but car purchase value show name of one of a partner name car
partnership firm used purpose.
Question:
Above transactions purchase of car show in firm account or partner individual account books in it act.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
15 June 2021 As money spent by the firm show it in firm's account.
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kollipara sundaraiah

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kollipara sundaraiah (Querist)
15 June 2021 sir, purchase of new car value payment through on partner individual bank account



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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
15 June 2021 Can't be shown in firm's account.
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Asha Kanta Sharma

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Asha Kanta Sharma (Expert)
20 June 2021 Agree with Seetharaman ji

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