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fix asset
sir I m proprietor person of firm so I can show my fix asset house in my business balance sheet
Replies (2)
Normally to improve the balance sheet position we shown all assets in a single balance sheet
for the purpose of Business position we have to prepare Balance Sheet of all businesses
and for personal assets need to prepare Statement of Affairs
But you can show all assets in balance sheet even if you don't claim depreciation
you can show it as an investment and not under fixed assets
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