I hold 100% shares of a resident company. During 2010 I decided to transfer a flat that was purchased by me in 2000 to the company. The problem now is that I do not know how to record the above mentioned transaction in my accounting records and financial statements.
Investment property
01/02/2012 11:04
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02/02/2012 08:29
thanks and what about depreciation?
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07/02/2012 11:34
Depreciation will be charged as per company policy from the date of acquisition of the flat by company until the date of write off of flat.
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08/02/2012 07:13
And what happens now in 2012 that i have decided to sell the flat?
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