accounting
This query is : Resolved
jatin kapoor
(Querist)
27 January 2008
in a company during the financial year the rent income is adjusted against the advance rent every year. but in previous year the same was not done by mistake. what is the solution to this problem?
whether the same can be done for the previous year in current period or it should be leaved?
whether the same can be done for the previous year in current period or it should be leaved?
S.Srinivasaraghavan
(Expert)
27 January 2008
What was omitted to be done previous year will have to be explained with figures, to understand your problem correctly
27 January 2008
nothing can be done for the previous year, but u can charge all that differemce to the current income
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