Menu
higher purchase
Sir which value should be taken in assets side of a fixed asset purchase on higher purchase basis,higher purchase price or actual purchase value?
Replies (1)
Asset's Cash price ( Atucal price ) should be shown in Balance sheet asset side and credit to Hire Vendor( Sundry Creditors) in Liability side.
Recent Topics :
- Generate E-Way Bill for 4 Nos. Suppliers Involveme
- Section 54F Exemption
- Would you use a free, open-source alternative to s
- Business & Finance
- Report in GSTR 1 ( Credit Note ) for Wrong GST Rat
- Reply of summons issued under section 70 of the cg
- How to Bulk GSTIN Number Verify and Validation
- OPC Annual Filing Defaults – Need Guidance t
- OPC Annual Filing Defaults – Need Guidance t
- FCGPR of a past period
Related Topics :
CAclubindia
