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This topic has 1 reply, 2 voices, and was last updated 14 years ago by MikeLittle.

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December 8, 2010 at 7:01 pm #46787
studyhard
Member
- Topics: 2
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What is the double entry for when i pay the valuator for revaluing my property.
Some one told me credit bank and debit capital reserve is that correct and quote the standard please
December 9, 2010 at 9:56 am #73735
MikeLittle
Keymaster
- Topics: 27
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I would have thought it’s debit legal and professional fees. I could be wrong, but I’ve NEVER thought of debiting capital reserve
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