One time deposit paid by company.
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
18 September 2012
our company had paid one time deposit to the telecom company, GEB company in past.. its shown in balance sheet side in assets. can we transferred it to profit and loss account?.
18 September 2012
Deposit cannot be transfer to P&L unless that is irrecoverable.
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