appropriate head
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 February 2011
1)if some deposits are required to participate in Tender and unfortunately did not got the tender.Then the total interest recieved on deposits shuold be recognised as oncome or the tender expense should be deducted.
or the tender expense should be booked after adjusting interest 2)if got the contract then how to deal the interest
or the tender expense should be booked after adjusting interest 2)if got the contract then how to deal the interest
CMA Ramesh Krishnan
(Expert)
18 February 2011
Need to shown as Interest recived Under other Income
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