Menu
Agriculture land
dear sir, Can I show agri land in fixed asset of balance sheet. and when to show agri land in balance sheet.
Replies (2)
Agri Land is an asset since revenue is expected to be generated either through sale or rental or any other periodic benifits and if it is for more than one year then can be shown as fixed asset.
Depends on what purpose to show in BS
if you have bought Agri Land then show it under Fixed Assets.
if you have bought Agri Land then show it under Fixed Assets.
Recent Topics :
- Late Fees and Interest
- HDFC Bank’s Bureaucracy: The Nightmare of Fl
- Running a CSC Center, Maha E-Seva Kendra, Setu Ken
- GSTR-9 Table 8A issue
- CA Inter Coaching institutes at Hyderabad
- Looking for practising CA
- TDS return filing
- Need formats of FS as per Co act 2013 in soft copy
- Remittance to italy
- Invoice made but goods not sent
Related Topics :
CAclubindia
