Finance cost

This query is : Resolved 

11 February 2015 Dear All,

Good Afternoon !!

My query : Interest paid to Creditors for delayed payment or any Interest in respect to fulfill any export obligation will be debited where in Profit and Loss A/c ? Whether under Other Finance Cost or some other head ?

Kindly Help !!

11 February 2015 Can be shown under Other finance Cost. No problem

11 February 2015 Can be charged as finance cost.


03 April 2015 Thank You !!







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