Brokerage
This query is : Resolved
24 August 2016
why we add brokerage in purchase and deduct brokerage from sales
please suggest me with suitable example.
24 August 2016
Dear pooja,
It's a concept of AS 13. please refer AS 13 for detail knowledge.
Kindly like if my response has helped you
It's a concept of AS 13. please refer AS 13 for detail knowledge.
Kindly like if my response has helped you
24 August 2016
Because as per AS 13 brokerage forms part of cost of acquisitions and in case of sale cost incurred to sell. Hope it clarifies...
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