Easy Office
Easy Office

to provide or not

This query is : Resolved 
Profile Image

Profile Image

(Querist)
23 September 2009 Respected experts

Please tell whether we should provide for the electricity, telephone etc.expenses on 31.3.2009 if the if we get the bill in the April 09.

Thanks
Profile Image

Rajeev

Profile Image

Rajeev (Expert)
24 September 2009 yes ofcourse , provision has to be made for all known expenses/liabilities - mercentile system of accounting
Profile Image

Manmohan ACA, CS

Profile Image

Manmohan ACA, CS (Expert)
24 September 2009 agree
Upgrade to CAclubindia Pro. Subscribe Now!

Profile Image

Anjani Pratap Tiwari

Profile Image

Anjani Pratap Tiwari (Expert)
24 September 2009 yes agreed
Profile Image

CA Devanshi Gandhi (Ajani)

Profile Image

CA Devanshi Gandhi (Ajani) (Expert)
24 September 2009 agree
Profile Image

CA RAMESH KUMAR AHUJA

Profile Image

CA RAMESH KUMAR AHUJA (Expert)
24 September 2009 Yes, otherwise the expenses paid and booked in next year are liable to be disallowed as prior period expenses.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links