Home flat
This query is : Resolved
19 September 2014
I'M BUSINESSMAN (SOLE ) . WHILE PREPARING FINANCIAL STATEMENT OF MY BUSINESS CAN I SAW MY PERSONAL HOME FLAT AS A ASSET IN THE BALANCE SHEET.
AJAY KUMAR
(Expert)
19 September 2014
Sole Proprietorship entity and sole proprietor both are same person. you should include the amount of flat in fixed assets of business
19 September 2014
balance sheet would include such flat also
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