Accounting treatment of compensation to client
prasad reddy (Student CA IPC / IPCC) (24 Points)
06 January 2014prasad reddy (Student CA IPC / IPCC) (24 Points)
06 January 2014
Samrendra
(Asst. Manager- Internal audit)
(221 Points)
Replied 06 January 2014
Dear Prasad,
Claims for Compensation A/c Dr.
To Supplier of Machine
If provision for Gaurantee/ Warranty is created by Company then
Provision for Gaurantee / Warranty A/c Dr.
To Supplier of Machine
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