Tbd
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
13 April 2012
Can someone please explain the accounting treatment of time barred debt. Is the amount transferred to separate account or is it completely written back.
14 April 2012
If it is time barred debt, then u can write it back as liabilities no longer required written back.
Querist : Anonymous
Querist :
Anonymous
(Querist)
14 April 2012
Thankyou!
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