Mercantile system of accounting
Querist : Anonymous
As per mercantile system of accounting at which date this expenditure should be recorded?
Querist : Anonymous
Querist : Anonymous
where is the matter of invoice date . When will you received the Invoice you will consider the same according to receiving date.
In the case of Vat . You cant forward the bill of previous month to next month as per DVAT Rule.
In this concern Company has to take provision for the same and take credit in the same month and the next month it will be reverse.
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