Discount allowed
bsai partish (166 Points)
15 August 2020
in ICAI material discount allowed is considered as TEMPORARY CAPITAL as per traditional approach actually it is an expense right??
5 Replies
bsai partish
(166 Points)
Replied 16 August 2020
In ICAI material it is given as temporary capital why?
Manzil Arora
(Others)
(1012 Points)
Replied 20 August 2020
Hi Bsai
Can you share the exact statement from ICAI material that reads the same. Will help to clear this misinterpretation of words.
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