21 December 2021
Sir, A person maintained a private hospital two places single proprietor.purchases of medicial equipment and other fixed assets payment through on head office place bank account for assests used for branch purpose Question: A person total assets head office and branch office value amounts shown in h.o. account books only or separately transferred to b.o. is corrected procedure.
21 December 2021
If it is uses at branch, better to show it under branch hospital for internal purpose only. Otherwise for IT purpose there will not be any difference.
CAclubindia
