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is receivable or recoverable same thing, is current assets.
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interest expenses when to capitalised or charged to profit and loss account.
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whether interest on working capital is capitalised or charged to profit and loss account.
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what is meaning of cumulative method of interest in the case of FDs.
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what is meaning of capitalized,
when interest accrued on FDs to be capitalized.
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whether interest accrued on FDs is taxable on accrual basis also. whether interest receivable on taxable on accrual bsisi also.
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whether income is taxable on accrual or received basis for company and LLP
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whether may be used interchangeable words in accounts
Vendor for Trade Payable
inward for purchase
outward for sales
input for receivable
revenue for income.
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is input or receivable interchangeable words some person used GST Input or some used GST receivable.
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what is inoperative expenses and how to adjust it.
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Is receivable or recoverable same thing