hai friends!!
i have a doubt regarding investments that expenses paid by the company on behalf of its subsidaries can be recorded in investments ledger it includes nominal expenses to payment of tds liability!
plz help me from this
thank u!!
avinash annam (C.A-IPCC article student) (79 Points)
14 February 2012hai friends!!
plz help me from this
thank u!!
A learner
(Corporate Accounts )
(345 Points)
Replied 17 February 2012
Dear Avinash,
These expenses are not Investments and needs to be shown as receivables from subsidiary (kind of Debtor)
Thanks
" A learner "
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