Adjustment entry in the case of Individual and HUF on 31st March
This query is : Resolved
24 November 2024
what Adjustment entry should passed on 31st March while finalisastion books of accounts of individual and HUF,.
25 November 2024
Accrued income and expenses.
Prepaid expenses and unearned income.
Provision for depreciation and tax.
Provision for doubtful debts and closing stock adjustments.
Adjustments related to TDS and interest payable on loans.
Adjustments for HUF’s capital accounts, profit, and drawings.
Prepaid expenses and unearned income.
Provision for depreciation and tax.
Provision for doubtful debts and closing stock adjustments.
Adjustments related to TDS and interest payable on loans.
Adjustments for HUF’s capital accounts, profit, and drawings.
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