Financial statement

AS 582 views 1 replies

Hi All,

We have billed our Franchisee and booked as sales,but we not delivered goods during the year 11-12.now, what its impact and how to show in the balance sheet .we cant reverse the sales? 

Thanks in advance

Ashwin

 

Replies (1)

there is nothing serious about it, if you want to show that you can show it in footer as a note.

 


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