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14.10.2011
Homebridge mortgage bankers
Accounting entries: Dt sch.62 Kt sch.91-1 - reflects the realization of the asset Dt audax mezzanine sch.91-2 K-m sch.68 - VAT from the sale of Dt sch.91-2 K-m sch.01 - written off the carrying value of the flat. If the organization is planning to sell these apartments, they should take into account in the account 41, and paid VAT in the construction - in the account 19. In implementing these apartments VAT paid on all sales wharton county junior college turnover rate of 20% and 19 recorded in the account the amount of tax shall be accepted for tax deduction. Accounting entries: Dt sch.62 Kt sch.90-1 - reflects the proceeds from the sale Dt sch.90-3 K-T sch.68 - VAT payable Dt sch.90-2 K-m sch.41 - written off the carrying value of the flat Dt sch.68 Kt sch.19 - refund of VAT paid during construction. Consider the situation where real estate company bought the unfinished building to be build, and then use their own purposes. Arises whether in this case, the organization has the obligation to pay property tax? In accountancy it is necessary to consider as part of "unfinished" in other words, on the account 08 "Investments in fixed assets." This follows from paragraph 41 of the Regulation on Accounting and Reporting in the Russian Federation, approved by Order of Russian Ministry of Finance dated July 29, 1998 ¹ 34n. It says here that the cost of construction works, purchase of buildings, etc., not furnished acts of acceptance-transfer of fixed assets and other documents related to pending capital investments.
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