Fixed Asset
h.balaji (studying) (58 Points)
21 December 2007
If i receive an asset from my customer free of cost.wil that be accounted in my books??
2 Replies
Surendra
(Finance)
(71 Points)
Replied 22 December 2007
It has to be accounted in the books of account of Company by showing the respective asset under the head "Fixed Asset" with a nominal value...
i think so
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