Accounting treatment
This query is : Resolved
14 March 2017
Dear all,
Please guide me how to show accounting treatment if a partnership firm received income from companies against doing the corporate social responsibilty on behalf of company,
Please guide me how to show accounting treatment if a partnership firm received income from companies against doing the corporate social responsibilty on behalf of company,
15 March 2017
If a partnership firm receives CSR money with a purpose, it shall be treated as grant and shall have same treatment as per AS - 12 Accounting for Grants
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