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what is meaning of merging of expenses or income in accounts or assets or liabilities.
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what is meaning of mismatch of group in accounting.
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is receivable or recoverable same thing, is current assets.
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interest expenses when to capitalised or charged to profit and loss account.
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whether interest on working capital is capitalised or charged to profit and loss account.
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what is meaning of cumulative method of interest in the case of FDs.
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what is meaning of capitalized,
when interest accrued on FDs to be capitalized.
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whether interest accrued on FDs is taxable on accrual basis also. whether interest receivable on taxable on accrual bsisi also.
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whether income is taxable on accrual or received basis for company and LLP
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whether may be used interchangeable words in accounts
Vendor for Trade Payable
inward for purchase
outward for sales
input for receivable
revenue for income.
What is meaning of merging of expenses or income in accounts