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Accounting in construction company

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(Querist)
26 June 2013 How to do accounting in a construction company?

Which items to take under Work-in-Progress?
Which items to take under Investments?
Which items to take under Expenses?
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CA.Vinita Gupta

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CA.Vinita Gupta (Expert)
26 June 2013 Materials related to construction business purchased should be under wip nd admin expenses should be expenses
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CA.Vinita Gupta

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CA.Vinita Gupta (Expert)
26 June 2013 Please mention the exact nature of expenses
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Rahul Jain

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Rahul Jain (Querist)
27 June 2013 Under which head payments made to contractors,
Paid to government for various approvals,
Advertisement etc will go?

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