Final Accounts
This query is : Resolved
06 January 2009
what is the treatment of following items in final accounts if they are given in the trial balance?please tell with reason.
1)stores consumed
2)works extension
1)stores consumed
2)works extension
07 January 2009
Stores Consumed shall be reflected on the Dr Side of Trading Account.
Works Extension, if it is a Dr Balance, shall also come on Dr Side of Trading Account, provided it is a Revenue Exp
Works Extension, if it is a Dr Balance, shall also come on Dr Side of Trading Account, provided it is a Revenue Exp
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