assets in balance sheet

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58 Points Posted on 18 August 2018
if we purchase a new car.....is it to be considered as assets in balance sheet??
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On 18 August 2018 at 23:31 Report
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"Do the Right Thing...!!!"
128157 Points Posted on 18 August 2018
Yes... It's under Fixed Asset head and it's shown in BS.
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On 18 August 2018 at 23:54
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58 Points Posted on 19 August 2018
even if it is bought for personal use??
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On 19 August 2018 at 02:54
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"Do the Right Thing...!!!"
128157 Points Posted on 19 August 2018
It can be shown individual Bs if available.
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On 19 August 2018 at 07:45

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