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Property accounting

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student
746 Points Posted on 25 May 2016
How to account for property purchased? Stamp duty paid , registration charges , advance paid
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On 25 May 2016 at 10:16 Report
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Chartered Accountant
235 Points Posted on 25 May 2016
create expenses account for different types of accounts at the end of the year transfer all expenses to the Propert under foxed assets
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On 25 May 2016 at 10:38
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student
746 Points Posted on 25 May 2016
but how will the account get tallied? the creditors account
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On 25 May 2016 at 11:05
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student
746 Points Posted on 25 May 2016
stamp duty and registration charges are over and above the value of the property so
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On 25 May 2016 at 11:05


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