08 October 2013
Whether below entry are correct? If cost of self-construced asset(Machinery)=Rs4,50,000 Outside price(If we purchase)=Rs 6,00,000. Machinery a/c Dr 4,50,000 To Cash a/c 4,50,000 (Actual cost)
If cost of self-constructed asset(Machinery)=Rs6,00,000 Outside price(If we purchase)=Rs 4,50,000. Machinery a/c Dr 6,00,000 To cash a/c 6,00,000 (Actual cost)
CAclubindia
