As-9 Income from Sale of Comodity, brokerage etc
This query is : Resolved
Vijay Parmar
(Querist)
25 May 2011
one person having income from Sale of comodity i.e guwar, chana etc and also sub broker (he is not actual purchase guwar item physically and not sale physcially.) he does it online...
also we mention op.stock and cl.stock of each item.
how can i make notes about revenue recogination in notes in a/c
one person having income from Sale of comodity i.e guwar, chana etc and also sub broker (he is not actual purchase guwar item physically and not sale physcially.) he does it online...
also we mention op.stock and cl.stock of each item.
how can i make notes about revenue recogination in notes in a/c
Akhil Agrawal
(Expert)
25 May 2011
U need to Justify the moment at which the risk & reward of the Ownership gets tfd.
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