sir,
shop purchase new,
not for personal or buisness use,
should i show under investment or fixed assest in balance sheet.
loan from friend on interest, can i show in capital account or mandatory to show as liablity?
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Fixed assest or investment
Replies (2)
1. Fixed Asset.
2. Loan Liability...
Query 1:- Show under Fixed Assets
query 2:- Loan under liabilities side
query 2:- Loan under liabilities side
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