Accounting standards(as-4)
This query is : Resolved
17 September 2013
Dear experts i have a little confusion in as-4,how to identify what is contingency and events accuring after the balance sheet date,plz explain with examples .
thank you in advance.
thank you in advance.
Ganeshbabu K
(Expert)
17 September 2013
1)debtor confirmed as bankcrupt for which prov for doubt ful was made
2)stock lost on major fire accident
after balance sheet date
2)stock lost on major fire accident
after balance sheet date
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