Interchangeable words in accounts
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
is input or receivable interchangeable words some person used GST Input or some used GST receivable.
What is inoperative expenses or how to adjust it
what is inoperative expenses and how to adjust it.
Excess income received or excess expenses paid
Excess income received or excess expenses paid, how to adjust it in closing books of accounts.
How to adjusted Deffer-ed expenses
How to adjusted deffred expenses in book of accounts.
Adjustment at the beginning of the year
what type of expenses or income adjusted at the beginning of the Financial year.
Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
How to adjusted Profit /Loss of company and LLP.
How to adjusted advances given or receipt
How to adjusted advances given or receipt against purchase or expenses and income or sales.
Bifurcation of prepaid expenses
How to bifurcate of prepaid expense.
Days wise or month wise Please reply.
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Is income taxable or receivable or received in case of LLP and company