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Journal entry

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(Querist)
12 October 2011 what will be the journal entry for taking a item as fixed asset which has been recorded earlier as a good
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
12 October 2011 Dr: Fixed asset
Cr: Purchase (goods)
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CA Ravi Sisodia

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CA Ravi Sisodia (Expert)
12 October 2011 According to me ---


Fixed asset a/c Dr.
To Stock a/c
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