Treatment of Prior period expenses
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
19 July 2010
Can anybody help me how to disclose prior period expenses in balance sheet...
How to report it in notes to accounts in statutory audit report...
How to report it in notes to accounts in statutory audit report...
19 July 2010
It is shown in P& L Apporiation A/c.
i.e it does not impact on profit of current year.
i.e it does not impact on profit of current year.
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