entry

prasanth (student) (86 Points)

03 March 2009  

hi frnds,i have a small problem as folows

iam working as accountant for two months ihave a doubt regarding expenditure of addvt

according to my business nature we have to give add some times

we offer one party in a month and another party in another month, but payment made after two or three months for each party.

now can i treat that each party as a creditor while passing J.V , or

is it right to give credit for advt exp payable.