whether interest accrued on FDs is taxable on accrual basis also. whether interest receivable on taxable on accrual bsisi also.
whether income is taxable on accrual or received basis for company and LLP
whether may be used interchangeable words in accounts
Vendor for Trade Payable
inward for purchase
outward for sales
input for receivable
revenue for income.
is input or receivable interchangeable words some person used GST Input or some used GST receivable.
what is inoperative expenses and how to adjust it.
Excess income received or excess expenses paid, how to adjust it in closing books of accounts.
How to adjusted deffred expenses in book of accounts.
what type of expenses or income adjusted at the beginning of the Financial year.
How to adjusted Profit /Loss of company and LLP.
How to adjusted advances given or receipt against purchase or expenses and income or sales.
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Interest of FDs is taxable on an accrual basis also