Respected all,
our firm has four partners and one of the partner has a Car in his name now i want to show that in firm books so, plz tell me how to show that in firm books?
Car a/c Dr.
Partner capital a/c Cr.
and by making of this entry can i show all the expenses like Fuel, Repair etc.in books
thanks
SMJ global advisors pvt ltd
New Delhi
B.Com
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T R SOOD & CO
New Delhi
CA Inter
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YOGESH KAPOOR AND ASSOCIATES
New Delhi
B.Com
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CAclubindia
