As per my query. 1. Umesh kapoor In my balance show the jwellery the amount of Rs 433600/- & I want to gifted this jwellery for his wife please tell me this Entry in my A/c.
2. Bharti Kapoor Please tell me how to received this jwellery in a/c & show my Balance sheet please tell me also these entry.
24 August 2012
Capital account debit 433600 to jewellery account 433600. in the books of transferor. Jewellery account debit 433600 to Capital Account 433600.. in the books of transferee