Mr. X wants to introduce his personal Asset into Business (Asset already in use since 3 years). How to introduce the Fixed Asset through loan method? What are the Journal Entries to be passed in the Books of Accounts?
Devendra (Chartered Accountant) (4775 Points)
08 April 2011Mr. X wants to introduce his personal Asset into Business (Asset already in use since 3 years). How to introduce the Fixed Asset through loan method? What are the Journal Entries to be passed in the Books of Accounts?
U S Sharma
(glidor@gmail.com)
(21056 Points)
Replied 08 April 2011
Live class on PF & ESI Enrollment & Returns Filing(with recording)
CAclubindia
