where shall i show advance from customer in balance sheet made as per revised shcedule vi?
9 Replies
CA. Kuldeep Singhi
(Entrepreneur)
(424 Points)
Replied 27 May 2013
It should be shown under Heading "Current Liabilities", sub heading "Other Current Liabilities" & then "Advance from Customer".
veeru sagar
(BBE,M.com,CA Final )
(468 Points)
Replied 27 May 2013
yes i agree with about answer
Under the Heading
- Current Liabilities
- Other Current Liabilities
- Advance to customer
CA Ram
(CA)
(310 Points)
Replied 27 May 2013
It should be shown under Heading "Current Liabilities", sub heading "Other Current Liabilities" & then "Advance from Customer".
Mohammad Asif
(chartered accountant)
(191 Points)
Replied 31 May 2013
it should shown under head current liabilities sub head other current liabilities as advance from customers.
Arundhati Raychaudhuri
(no designation)
(340 Points)
Replied 06 June 2013
i am a company. i have given work to a subcontractor who appoints labourers to perform a job. the subcontractor does not have a pf/esi registration no. then who will pay the pf esi contributions of the labourers?
veeru sagar
(BBE,M.com,CA Final )
(468 Points)
Replied 07 June 2013
mr. Arun dhatti
your co. have assigned the work to sub contractor and he is not registered in the ESI or PF in such case the principal employer will have to pay the the fund in esi or pf which is your compy who assign the work to sub contractor .........in case of pf if the consolidated wages are 8000 or above the the pf is not mendatory but your compny have to pay the ESI contribution so ........my advise for your co......request or order to sub contractor to register him for ESI or PF
Nilesh Koparde
(Hardwork is a key of Success...)
(678 Points)
Replied 07 June 2013
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it should shown under head current liabilities sub head other current liabilities as advance from customers. |
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Nilesh Koparde
(Hardwork is a key of Success...)
(678 Points)
Replied 07 June 2013
I Agree with Mr. viru sagar
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