undisclosed asseest
This query is : Resolved
Chandan sharma
(Querist)
21 March 2017
Assest like land purchased earlier but not disclosed in balance sheet. Now how to disclosed the land in current balance sheet.
Message likes :
1 times
21 March 2017
What is the constitution of the firm , it is proprietorshop, partnership, company or what??
Chandan sharma
(Querist)
21 March 2017
proprietorship
22 March 2017
Simply credit the Capital a/c and Debit the Land a/c with the cost price preferably.
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