As-5
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
06 January 2012
Should Purchase can be included in Prior Period item???
06 January 2012
Prior period items means income or expenses which arise in the current
period as a result of errors or omissions in the preparation of the
financial statements of one or more prior periods.
purchases are expenses can be prior period if there was a error or omission in prior period.
period as a result of errors or omissions in the preparation of the
financial statements of one or more prior periods.
purchases are expenses can be prior period if there was a error or omission in prior period.
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