what is the journal entrie in the books of dairy farm in case a caw gave birth to his baby???
Devendra
(Chartered Accountant)
(4775 Points)
Replied 14 April 2011
Livestock / Self Generated Assets can be recorded at Nominal Value. (Say Rs. 1000)
The Journal Entry will be
Livestock A/c Dr. 1000 (Nominal value)
To Capital A/c 1000
Regards,
Devendra K
| Originally posted by : Devendra | ||
 |
Livestock / Self Generated Assets can be recorded at Nominal Value. (Say Rs. 1000) The Journal Entry will be Livestock A/c Dr. 1000 (Nominal value) To Capital A/c 1000 Regards, Devendra K |
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vimal
(Artical)
(60 Points)
Replied 15 April 2011
dear devendra please tell me that why are you credit capital a/c.
LIVE Form 10 B and Form 10BB: Handle Tax Audit Reports of Charitable Organizations(with recording)
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