For a Pvt. Ltd. company, under which ledger head Garage Rent is to be debited?
whether it may be debited to Motor Car Upkeep ledger or not.
9 Replies
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 24 June 2022
Yes you can show it in Motorcar Upkeep Ledger.
MPR Sanjay Kumar
(3118 Points)
Replied 24 June 2022
@ CA Rashmi Gandhi mam I have one doubt?? I inbox
sabyasachi mukherjee
(27574 Points)
Replied 25 June 2022
Account head and ledger is not dependent on any nature of company. Account nomenclature is dependent not only on other factors. It can't be motor upkeep it depends on nature of the company . If the company is a car maintenance company then it's absolutely fine, otherwise not.
Eswar Reddy S
(CFO- at NHTF)
(58270 Points)
Replied 25 June 2022
@ Kallol Sarkar,
Is it the amount collected from customers?
Are you talking about income or exp ?
Is it the amount collected from customers?
Are you talking about income or exp ?
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 25 June 2022
After replying you are asking clarification
Eswar Reddy S
(CFO- at NHTF)
(58270 Points)
Replied 26 June 2022
I still stick on to comment and not making other things
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 26 June 2022
If you have knowledge than post in one shot
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