What are the accounting entries in a Construction company/firm-
1) For purchase of Land.
2) For taking various approvals.
3) For purchasing materials like Sand, Steel, Cement etc. Can we take Input VAT paid credit? 4) For services of a Civil Contractor, Architect. Entries related to Service tax, TDS etc.
5) For WIP Entries.
6) For Sale of Units to Customer.
ETC.