Interest on working capital
whether interest on working capital is capitalised or charged to profit and loss account.
What is meaning of cumulative method of interest
what is meaning of cumulative method of interest in the case of FDs.
What is meaning of capitalized
what is meaning of capitalized,
when interest accrued on FDs to be capitalized.
Interest of FDs is taxable on an accrual basis also
whether interest accrued on FDs is taxable on accrual basis also. whether interest receivable on taxable on accrual bsisi also.
Is income taxable or receivable or received in case of LLP and company
whether income is taxable on accrual or received basis for company and LLP
Interchangeable words in accounts
whether may be used interchangeable words in accounts
Vendor for Trade Payable
inward for purchase
outward for sales
input for receivable
revenue for income.
Is Input or receivable interchangeable words
is input or receivable interchangeable words some person used GST Input or some used GST receivable.
What is inoperative expenses or how to adjust it
what is inoperative expenses and how to adjust it.
Excess income received or excess expenses paid
Excess income received or excess expenses paid, how to adjust it in closing books of accounts.
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Interest expenses when to capitalised or charged to profit and loss account