i have one doubt. i purchases of fixed assets from other
state the value 5 lack. the transpotation cost of 50
thousand now the value of fixed asstes is 550000 or only 5
lack, it is right or worng .. pls cleare my question
Answer Posted / rajesh
Hai you can debit Rs.550000/-. in Fixed itself . Not only
this if you are installing this machine & labour cost also
you can debit in Fixed assets
Is This Answer Correct ? | 17 Yes | 0 No |
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Suresh agreed to adjust Ramesh due amount of Rs 15000- from his credit balance
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