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Last year income

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Querist : Anonymous

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Querist : Anonymous (Querist)
06 August 2014 last year commission on sales income not received but received in current year what the entry in books current year
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CA R SEETHARAMAN online

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CA R SEETHARAMAN online (Expert)
06 August 2014 If no entry passed last year on accrual basis account it as current year income.
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Rupesh Jain

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Rupesh Jain (Expert)
06 August 2014 it is accrual basis then in year you earn commission .
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
06 August 2014 agreed with above replies,,,,,,,,,,,,,

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