1.it assess any assets purchase (site and agriculture land and flat and jewellery) show procedure in books and it returns
2.assess any assets purchase value debited to capital account or current assets group show in correct procedure.
Menu
Assets show procedure
Replies (1)
For purchase of any asset
debit asset account
and credit bank/cash account
Assets must be shown under Fixed assets group
Recent Topics :
- GSTR1 amendment Bulk bills
- Capital Gain on Sale of Gold
- GST SALES RETURN MISSING 2025-26 FY
- Enquiry on FAST-DS system generated email
- Capital gain on sale of agriculture land
- Demand from TRACES
- FY 2025-26 ITC CLAIM DUE DATE
- 96084000 and 48202000 HSN code ka Tax Rate kya hai
- Clarifications for intra day transactions
- CA FINAL FR FINANCIAL INSTRUMENTS (Ind AS 109) Dou
Related Topics :
CAclubindia
