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Accounting entey

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20 December 2012 What is the Accounting entry for making a bid to Govt thru DD. And what is the effect in final accounts? What are the consequences when the tender is infavour or not?
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CA Sumat Singhal

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CA Sumat Singhal (Expert)
20 December 2012 just debit in tender/bid fees and credit to bank account and if tender is approved debit in that project or charged to p& L
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