Treatment of electrical exp in a building under construction

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SATYA PRAKASH (Querist)
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13 June 2013 DEAR SIR,

I HAVE A QUERY REGARDING ELECTRICAL FITTING EXP IN A BUILDING UNDER CONSTRUCTION A/C.
WHAT WILL BE THE HEAD IN TALLY FOR BUILDING UNDER CONSTRUCTION A/C?
WE HAVE MADE PAYMENT BY BANK TO VENDOR,THEN WHAT WILL BE THE JOURNAL ENTRY FOR ELECTRICAL FITTING EXP UNDER BUILDING UNDER CONSTRUCTION A/C?
2. WHAT WILL BE THE TREATMENT FOR MOBILES & FRIDGE PURCHASED IN CASH BY DIRECTOR FOR OFFICE USE UNDER OFFICE EQUIPMENT (FIXED ASSETS)?

PLEASE REPLY AS SOON AS POSSIBLE

SATYA PRAKASH

Rupesh Jain

Rupesh Jain (Expert)
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13 June 2013 PLS CREATE CAPITAL WORK IN PROGESS UNDER FIXED ASSETS

AND CREATE BUILDING UNER CONSTRUCION A/C
UNDER CAPITAL WORK IN PROGRESS

2. MOBILE AND FRIDGE UNDER OFFICE EQUIPMENT

SATYA PRAKASH

SATYA PRAKASH (Querist)
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13 June 2013 dear sir

i agree with you & i have already created these head,but i want the journal entry.

is it necessary to pass journal entry for cash purchase of mobile & fridge.
I have already pass the cash payment entry for this transaction.
is it right or not.

thanks for your solutions.

satya prakash

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