what will be the tratment if company is going to buy a new
plant/office . pls tell me how i consider all this
transction in tally ex. advance given to party ,
ragistration exp, stamp duty paid, finel payment made etc.
- 1 Answers
- 2751 Views
- I also Faced
- E-Mail Answers
Answer Posted / narayan bhat
hi,
Purchase of Plant/Office will be Fixed Asset.
You have to capitalize theses transactions.
All the payments will come under Bank payments and total
amount including regn charges will be capitalised.
| Is This Answer Correct ? | 5 Yes | 0 No |
Post New Answer View All Answers
explain me what steps would you take to increase revenue for this company?
There is no item category assigned to account
What are the functions of manger -accounts and manager-finance?
what is a corporate chart of accounts and its purpose?
what is the journal entry can be passed for an opening balance (bank, fixed asset, provisions)to the new software
What is the difference of cost accounting and financial accounting?
Sir, Now, i am purchasing ply wood, board, and other material for my office furniture. But now the furniture is incomplete so what would be the journal entry for this exp. in book.
Where the financial accounting fails the cost accounting for is rescue but still there are some limitations deficiencies in the system?
List out some of the examples for liability accounts?
What is account receivable?
how to finalised the Balance sheet & profit & loss A/C
Explain what is bad debt expense?
What is the networth percentage observe by banks
sir , i am very confussing enrty for cash receipts in t code fbcj. do the effect on wbs element after selected wbs ?
What is fbt (fringe benefit tax)?
