Prior Period Expenses
This query is : Resolved
04 May 2009
Hi,
I want to know whether a bill dated in the prior year accounted in the current year but material rcvd only in the current year is a prior period expenses or not??
Thanking You In advance
I want to know whether a bill dated in the prior year accounted in the current year but material rcvd only in the current year is a prior period expenses or not??
Thanking You In advance
CA MEENAKSHI MANGLA
(Expert)
04 May 2009
yes it is prior period expense
05 May 2009
Yes it is expenses
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