Discount allowed

171 views 5 replies
User Avatar

166 Points Joined August 2020
in ICAI material discount allowed is considered as TEMPORARY CAPITAL as per traditional approach actually it is an expense right??
0 Reply Share Follow
On 15 August 2020 at 22:41 Report
Replies (5)
User Avatar

28122 Points Joined May 2017
Who told you wrong concept.
Reply
On 16 August 2020 at 08:10
User Avatar

166 Points Joined August 2020
In ICAI material it is given as temporary capital why?
Reply
On 16 August 2020 at 13:08
User Avatar

28122 Points Joined May 2017
It's not temporary capital.
Reply
On 16 August 2020 at 18:44
User Avatar

166 Points Joined August 2020
Kk tq
Reply
On 16 August 2020 at 18:45
User Avatar

Others
1012 Points Joined June 2020

Hi Bsai

Can you share the exact statement from ICAI material that reads the same. Will help to clear this misinterpretation of words.

Reply
On 20 August 2020 at 02:20


CCI Pro

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Threads

More recent discussions | Post

Related Threads
Loading