Dear Team,
We started camera studio with 3 partners and each partners brought a Camera as investment now in books of account how to treat.. As each partner's asset are billed in their own name but bought to the business.
Kindly help me.
Sir debit fixed asset and credit partners capital account as per bill value
regards
prem
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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CAclubindia
