Method of accounting
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
21 January 2014
Association of persons- whether cash or mercantile system has to follow?
pls reply me..
if they are preparing receipts & payments a/c, whether we should provide entry for prepaid & o/s expenses?
thanks
Association of persons- whether cash or mercantile system has to follow?
pls reply me..
if they are preparing receipts & payments a/c, whether we should provide entry for prepaid & o/s expenses?
thanks
21 January 2014
Mercantile System
Message likes :
1 times
21 January 2014
Its always at the option of the assessee. No given rule mandating mercantile system
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- TDS U/S. 194NF
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- GST ON EXPORT COMMISSION
- Credit profit and loss account in case of bonus share received
- How to determine cost of acquisition of shares on De-merger or Merger
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
Trending Online Classes
CAclubindia
