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Accounting treatment of assets in Cash Basis and Accrual Basis Accounting

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(Querist)
22 August 2023 What wll be the accounting treatment as AS of assets in Cash Basis and Accrual Basis of accounting
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
22 August 2023 Assets has to be accounted on accrual basis of accounting only.

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