Easy Office
LCI Learning

Accounting head

This query is : Resolved 
Profile Image

Profile Image

(Querist)
11 September 2012 An individual's final accounts is prepared. He is receiving LIC annuity income periodically.My question is under what head i should record that income?
Profile Image

CA Lokesh Pokharna

Profile Image

CA Lokesh Pokharna (Expert)
11 September 2012 it should be adjusted in capital account directly ..
Profile Image

CA Ilayaraja

Profile Image

CA Ilayaraja (Expert)
11 September 2012 Agreed with Mr Pokharna
It should be shown as addition to Capital account.
Upgrade to CAclubindia Pro. Subscribe Now!


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links