Treatment of inherited/gifted assets
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
31 May 2013
How to record Inherited/Gifted assets in Books????
I mean what to "Credit"?????
Plzz reply
thanks
I mean what to "Credit"?????
Plzz reply
thanks
Guest
Guest
(Expert)
31 May 2013
I have seen people crediting Capital A/c throughout my articleship in such a case. However, lets wait to get a clear view on the issue by other experts.
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