Interested to Buy Any Domain ? << Click Here >> for more details...
I have received a sum of Rs.500 worth Bill from Vendor,
which is relevent to 2004-05. But Outstanding Expenses not
book during that Year? What is the Accounting Policies to
book this expenses?
- 1 Answers
- 4952 Views
- I also Faced
- E-Mail Answers
Answer / sreenatha reddy a
if any Expenditure is not accounted in any Previous year it should be booked in current year as Prior Period Expenditure under Indirect expenses. and the Same is Disallowed in the Computation of Income during the Current Previous Year. But In Case of Prior Period Income It Is Different and It Should Not Be Disallowed.
| Is This Answer Correct ? | 4 Yes | 0 No |
What is the motivation to join as an auditor @ Ernst and Young ?
what is the expence for producing 1 megawatt energy
Explain intangible assets?
Explain the importance of evaluating an internal audit department?
What is the mean of decommission liability?
what will you do if you dont get this job
12 Answers Bank Of America, Schlumberger, State Street, Videocon,
Our one Company Profit is 67.61 Lakh, How to Calculate Advance Tax For First Qurter Als?
What is the meaning of ADVANCE TAX, TDS Deducted and PREPAID Taxes ?
hi i want to know the use of lookup, Hlookup and Vlookup with full example with Excel file. pls if any body have this pls help me.
How will u handle accounts receivable?
20 Answers Ask Agro Chemicals, Genpact, State Bank Of India SBI, Wipro,
whether VAT is an asset or liabilities?
whether in the case of BIFR scheme the non payment of dividend FOR MORE than 7 years shall go in the Dividend Equalisation fund/ Investors Protection fund
Audit 
