Easy Office
LCI Learning

HOW TO PREPARE BOOKS OF ACCOUNT FOR PROPRIETOR

This query is : Resolved 

23 October 2010 HOW TO PREPARE BOOKS OF ACCOUNT FOR PROPRIETOR

FOR EXAMPLE -

MACHINERY A- Rs. 15000

MACHINERY B- Rs. 10000

MACHINERY C- Rs. 5000

TOTAL Rs. 30000

IF ASSETS A IS SOLD FOR Rs. 35000. THEN ASSETS WILL BE SOLD IN BALANCE SHEET

I WANT TO FOLLOW BLOCK ASSET CONCEPT

23 October 2010 block will be nil and STCG WILL BE RS. 5000

24 October 2010 agreed with navin


25 October 2010 'block will be nil and STCG WILL BE Rs. 5000 '

dear sir ji also tell me amount at which assets to be shown in balance sheet



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query