income of last year entered in current year
This query is : Resolved
29 January 2011
hello....
nw a days i m doing an audit of a pvt. ltd. comp. they made a due entry of commission receved in the current year relatd to last year.
can you tell me how cn i rectify the same, and plz also tell me the journal entry also.
reply as soon as possible.
nw a days i m doing an audit of a pvt. ltd. comp. they made a due entry of commission receved in the current year relatd to last year.
can you tell me how cn i rectify the same, and plz also tell me the journal entry also.
reply as soon as possible.
30 January 2011
income a/c ( natural head) dr.
To prior period income a/c
To prior period income a/c
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