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Fixed asset not disclosed in earlier years

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manager
11 Points Posted on 21 May 2017
One of my clients purchased a fixed asset some year ago but he has not disclosed that asset as of now but now he want to show it in his current year financials. how can i adjust it in his current year financial statements......
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On 21 May 2017 at 20:35 Report
Replies (4)
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ACA ACS DISA(ICAI)
359 Points Posted on 22 May 2017

DR FIXED ASSET

CR CAPITAL

1 Reply
On 22 May 2017 at 13:10
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manager
11 Points Posted on 22 May 2017

Thank you sir

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On 22 May 2017 at 22:48
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CA
82 Points Posted on 30 May 2017


DR FIXED ASSET CR CAPITAL 

 

1 Reply
On 30 May 2017 at 13:26
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Student
22 Points Posted on 08 June 2017
Fixed asset A/c. Dr To capital A/c
1 Reply
On 08 June 2017 at 13:59


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