Certification Course on Practical Filing of Income Tax Returns
what will be the journal entry for expense which is capital nature........... please help
Dear Mohammed,
If Aseet has been acquired or it has come to existence -
Asset(like Plant, Building, etc).................Dr
TO Cah/Bank/Creditor
IF asset has not been acquired or it has not come to existence then -
Capital Work in progress(CWIP)....................Dr
TO Cash/ Bank/Creditor
Good answer.....Amir bhai.......
good answar
Your are not logged in . Please login to post replies Click here to Login / Register
More recent discussions | Post
KPRS And Associates
New Delhi
CA Inter
Winshine Financial Services
Mumbai
ca kunjan
Geeta Manchanda & CO.
Virender K Gupta and Co
B.Com
Shaswat initial support private limited
Ahmedabad
CS
R P S K & Associates
Nashik
JDS Advisory LLP
India's largest network for finance professionals
Alternatively, you can log in using: