Trust Finanacials

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..... A trustee is donating his land to the trust for construction of educational institution. A gift deed was executed in this regard. In the trust books, i am passing an entry "Land A/c Debit and Credit .....

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..... Trustee Account" - Is this correct ? - Reply By Venkatesan K - The Reply = Yes. it is correct. - Reply By GOPALJI AGRAWAL - The Reply = From your query, it appears that you would treat trustee ac .....

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..... count as creditor or payables if it is so then you should pass the entry as under Land Dr Corpus fund Cr - Trust Finanacials - Query Started By: - CHITRA RAGURAM Dated:- 3-2-2011 Other Topic .....

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..... s - Got 2 Replies - Indian Laws - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - .....

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..... TMI - TaxTMI - TMITax .....

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