If someone purchased land of RS 10 lack in the f/y 2013-14 but by mistake he has not shown this land in Balance sheet. now he want to sale this land.
How can I show this land in balance sheet. can I adjust through capital account and after that he can sale.
1 Replies
sharif ahmed
(ggggggg)
(134 Points)
Replied 27 September 2019
You can adjust through capital account and thereafter you can adjust sales consideration with land asset value
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