Answer pls...
shravya (student) (33 Points)
29 March 2012shravya (student) (33 Points)
29 March 2012
sudheer paidi
(Articleship)
(160 Points)
Replied 29 March 2012
Originally posted by : shravya | ||
1)Drawings are categorised under capital a/c because the owner is withdrawing his capital in the form of drawing 2)outstanding salary is treated as asset if recievable and liability if payable 3)charity given is treated as expense 4) sales return is loss of revenue |
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Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India