Log in

View Full Version : How to journalize a difference of land in a balance sheet

ndurocher
Jan 24, 2009, 08:59 PM
How to journalize a difference of land in a balance sheet
ROLCAM
Jan 25, 2009, 01:05 AM
Land Account DEBIT = $ xxxx
Sharehoder's Funds CREDIT = $ xxxx

xxxx being the difference of land if the
new valuation creates a positive amount.