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Ledger scrutiny

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(Querist)
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
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Manish Bhandari

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Manish Bhandari (Expert)
18 December 2013 If the system followed is mercantile than it will be prior period
If cash system then current year expenditure.
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PRADEEP KUMAR VATS

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PRADEEP KUMAR VATS (Querist)
18 December 2013 thanks manish....
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