Last year income

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Querist : Anonymous (Querist)
06 August 2014 last year commission on sales income not received but received in current year what the entry in books current year

06 August 2014 If no entry passed last year on accrual basis account it as current year income.

06 August 2014 it is accrual basis then in year you earn commission .

06 August 2014 agreed with above replies,,,,,,,,,,,,,


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