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Treatment in balance sheet

This query is : Resolved 

30 September 2020 We have paid Rs 1,00,000 on 01st December 2018 as annual license cost for using a software. Subscription starts from 01st Oct 2018, how this will reflect in balance sheet of 31st March 2019.

30 September 2020 Take it to BS under prepaid expenses current assets.



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