Last year income
This query is : Resolved
Querist : Anonymous
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
CA R SEETHARAMAN
(Expert)
06 August 2014
If no entry passed last year on accrual basis account it as current year income.
Rupesh Jain
(Expert)
06 August 2014
it is accrual basis then in year you earn commission .
06 August 2014
agreed with above replies,,,,,,,,,,,,,
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