Poonawalla fincorps
Poonawalla fincorps

Accounting entry

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Querist : Anonymous

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Querist : Anonymous (Querist)
06 September 2012 hello

i want to while making P&l a/C and Bs of sole proprtorship, is the exepens makeing renovation of house, purchase of gold and other purchase of house hold items, can it included as expenese or assets of firm.
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CA AYUSH AGRAWAL

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CA AYUSH AGRAWAL (Expert)
06 September 2012 These are Personal Expenses of Proprietor.

Mark Them as Asset/Expenses in Personal Book of Proprietor, Not Proprietorship Firm.

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