Hi,
We are from India and we are getting Google Adsense amount Monthly for our website
Can you please tell how to show this adsense in our financials accounts.
Should we generate any invoice, in the name of Google, for the records ?
Please explain in detail
Hi,
It is kind of revenue to it. so you can pass following entry
Google a/c (s.Drs) Dr
to Adsense ( Revenue) (profit & Loss) A/c
R P S K & Associates
Nashik
CA Inter
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CAclubindia
