While Making Balance Sheet -
I have under construction House Property Valuation is RS. 34lacks
Amount paid at the time of registration 7lack . rest amt. having H.P loan RS. 27lacks
My Q. is how to Show flat & Loan
transaction in Balance Sheet.
But flat is in under construction
Menu
Balance Sheet
Replies (2)
Flat is fixed Assets
Flat/building under construction
And show the loan in liability side
Assets Side
Under Fixed Assets,
Capital Work in Progress 34 lakhs
Bank (7 lakhs)
Liability Side
Secured Lan 27 Lakhs
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