Treatment of an itam received from winning a lucky draw
Raman (NONE) (32 Points)
29 March 2013Raman (NONE) (32 Points)
29 March 2013
Anil Dandu
(CA FINAL)
(205 Points)
Replied 29 March 2013
I think it will shown as other income in the credit side of the P& L a/c
Raman
(NONE)
(32 Points)
Replied 29 March 2013
Nitesh Matta
(Nothing)
(198 Points)
Replied 30 March 2013
1) Gold coin a/c ... dr
To lucky drawa/c
2) lucky draw a/c ... dr
to profit and loss a/c
show gold coin as asset..