Accounting head
This query is : Resolved
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?
11 September 2012
it should be adjusted in capital account directly ..
11 September 2012
Agreed with Mr Pokharna
It should be shown as addition to Capital account.
It should be shown as addition to Capital account.
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