If MR.X wants to give building as gift to his friend Y, what is the journal entry in the books of X
CA Krishna Chaitanya M (Chartered Accountant) (463 Points)
15 February 2011If MR.X wants to give building as gift to his friend Y, what is the journal entry in the books of X
CMA.Subhabrata Pramanik
(Cost Accountant)
(69 Points)
Replied 15 February 2011
In the books of X :
Dr. A/c Capital of X
Cr. A/c Building