Easy Office
LCI Learning

Rent from crane

This query is : Open 
Profile Image

Profile Image

(Querist)
12 June 2009 A firm uses crane for its manufacturing unit.. it also let it on rent at times. Would this income be part of manufacturing A/c or P&L a/c..
Profile Image

CA Archana

Profile Image

CA Archana (Expert)
12 June 2009 Its should go to the manufacturing account as its not their regulare source of income and they r not owning the cranes also.
Profile Image

VISWANADH.R

Profile Image

VISWANADH.R (Querist)
15 June 2009 What if it is owned by the firm.....
Upgrade to CAclubindia Pro. Subscribe Now!


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




Unanswered Queries


CCI Pro

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links