entry for provision expenses

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hi friends

 

where goods are removed from factory on 25th march for jobwork and invoice for such job work is dated with 6th may, in which year such expense should be booked provided management has signed (finalised) the balance sheet  on 1st may for conducting audit? 

Replies (1)

AS PER MY KNOWLEDGE

SUCH EXPENSES SHOULD BE SHOWN IN THE YEAR IN WHICH INVOICE WAS MADE


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