Prepaid exp
ujjal phukan (article) (40 Points)
12 June 2014ujjal phukan (article) (40 Points)
12 June 2014
CA Saroj Kumar
(Keen to learn something new every moments)
(2588 Points)
Replied 12 June 2014
Compute year wise expenses to be recognised and actual amount recognised in every year and correspondingly book the defit amount in current year if any, if not then reverse entry for excess amount booked.