Ledger scrutiny

This query is : Resolved 

18 December 2013 Dear all

please let me know, if any cartage outward bill pertaining to march month received from the transporter in the month of april then it will be considered as prior period expenditure or current year expenditure.

thanks

Pradeep Kumar

18 December 2013 If the system followed is mercantile than it will be prior period
If cash system then current year expenditure.

18 December 2013 thanks manish....




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