Acnting entry
Sarthak Arora (ipcc) (95 Points)
21 July 2014Sarthak Arora (ipcc) (95 Points)
21 July 2014
CA D.C. Bansal
(Accounts Head)
(283 Points)
Replied 21 July 2014
It was not required to debit the P&L A/c for Building Fund. Whenever you purchased the building, you had to debit the building. You may reverse the building fund to P&L