If i receive Land as a donation and sale, what would be the entry?
Menu
Donation sale
Replies (2)
Quick Summary
Asset a/c(land) dr
To Revenue a/c
This records the asset on the company's books and also records revenue from receiving the donation.
To Revenue a/c
This records the asset on the company's books and also records revenue from receiving the donation.
Dear sir
If i sale Goods As donation and , what would be the sale entry ??
What is the limit for donation sales ??if cash or Bank ??
Please suggest me
Thanks in Advance
Madhu M
Recent Topics :
- How Do CA Firms Manage Client Document Collection
- How do CA firms manage pending client documents du
- How to find a good CA
- Rcm on rent paid
- Clarify on GST Application
- Residential status for overseas students visitin
- Capital Gains Tax
- LTCG 112A and business loss
- FAST-DS 2026 applicability: foreign employee share
- NRI Property Sale in India: TDS Rates and Key Comp
Related Topics :
CAclubindia
