How to show asset in the books??

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..... Dear Sir, One of the vendor of my companies has offered us to give a machine (FA) to use till we purchase the material from them. When we will stop purchasing the material from them then they .....

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..... will take back the machine. So, my query is whether we have to show the Asset in the books..?? If yes, then how.?? Awaiting for your precious comments - Reply By CA GOPALJI AGRAWAL - The Reply = .....

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..... We have to look up the detailed terms and conditions of the contract. Proma-facie, it meets out the definition of the asset but you have to ascertain the value against the same to account for the sa .....

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..... me. - How to show asset in the books?? - Query Started By: - kavish rizvi Dated:- 24-7-2014 Accounting - Auditing - Got 1 Reply - Companies Law - Discussion Forum - Knowledge Sharing, reply post by .....

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..... an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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