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Assets transfer to division

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(Querist)
16 April 2009
Dear Experts

What accounting entry pass regarding fixed assets transfer from company to its new division currently assets held in wip
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CA Nitin Wadhwani

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CA Nitin Wadhwani (Expert)
16 April 2009 Receiving Branch A/c.......Dr
To Capital WIP A/c.
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CA Devanshi Gandhi (Ajani)

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CA Devanshi Gandhi (Ajani) (Expert)
21 April 2009 i support
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