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 |
vimal
(Artical)
(60 Points)
Replied 15 April 2011
dear devendra please tell me that why are you credit capital a/c.