banner_ad

prior period item

This query is : Resolved 
Profile Image

Profile Image

(Querist)
19 May 2010 how to show prior period expense in balancesheet as per schedule VI format or just note to be added in notes to accounts ?
Profile Image

CA Simant Kumar Doshi

Profile Image

CA Simant Kumar Doshi (Expert)
19 May 2010 Prior period item is not shown in balance sheet. it is an line item added in P&L Account.
Profile Image

CA. BIJENDER KR. BANSAL

Profile Image

CA. BIJENDER KR. BANSAL (Expert)
19 May 2010 Agreed with experts. Prior period items are shown in profit & loss a/c below the line i.e. where approriaton of profit & loss are made.
Profile Image

CMA RV Padmakumar.A

Profile Image

CMA RV Padmakumar.A (Expert)
19 May 2010 As per AS 5, prior period expenses if material

should be shown as an expense in the p/L a/c
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
14 May 2026
Financial Analyst - Remote Finance Expert

HiringBridge

Ahmedabad

CA

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
ARTICLESHIP 14 May 2026
CA ARTICLE

PRAVEEN GARG & CO

Faridabad

CA Foundation

View Details
Company
11 May 2026
Post office

Post office

Anakapalle

Others

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details