it persons purchase of property jointly names registered.but two persons payment 60+40 amount paid.
question:
above mentioned purchase of property transactions equal amount shareing or 60+40 ratios show in it returns.
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Purchase of property for jointly names
Replies (6)
Check the ownership ratio in the purchase deed. If nothing mentioned specifically, take it as 50:50.
@ honourable Dhirajlal sir, cash in hand and capital both are same in balance sheet?? plse explain
No.
@ Dhirajlal Lal rambhia sir actually cash in hand and capital variance in individuals and companies balance sheet please explain
Refer:1. https://www.investopedia.com/terms/b/budget-variance.asp
Or watch 2. https://www.youtube.com/watch?v=0jfxnTQrdr4
There is no terminology called capital variance..you cannot find it out in balance sheet.
Cash in hand is shown in current asset
Cash in hand is shown in current asset
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