Journal Entry
This query is : Resolved
28 January 2009
Sir,
“In dairy business when Cow dies we debit it in P/L account during that period. What will be the Journal Entries when Cow give a calf, and on which value?”
“In dairy business when Cow dies we debit it in P/L account during that period. What will be the Journal Entries when Cow give a calf, and on which value?”
28 January 2009
It is like bonus shares.
Consider the value at re.1.
When it is sold entire amount will be capital gain.
Consider the value at re.1.
When it is sold entire amount will be capital gain.
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