HUF A/c

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Umesh (Querist)
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14 May 2010 Subhash Chand Agarwal prop.of Subhash Traders.They open 2 HUF A/c first Subhash Chand Agarwal HUF A/C Second Subhash Chand Agarwal Anang HUF A/c
I know want that HUF A/C WHICH GROUP Mentioned

CA. Sukhdev Singh

CA. Sukhdev Singh (Expert)
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16 May 2010 Grouping depends upon nature of transaction. If goods sold to above HUF - Sundry Debtors, if goods purchased - Sundry Creditors, if loan taken - Unsecured loans, and so on

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