Whats about accounting treatement
This query is : Resolved
Vipin Rathi
(Querist)
17 September 2011
Dear Sir,
I Have Raised A Sell Bill Amt. Rs. 12,00,000 In The Month Of March 2011. (Sales international Package tour). But Tour service Provided In The Month Of May 2011. After The end Of The F.y. And Co. Also Booked Hotel , Transport And Other services Current F.y. So. In This Case My last Year Profit Is increase By rs. 12 Lac And C.Y. Loss Rs. 12 Lac. Pls Tell Me About Accounting Policy And Procesure
I Have Raised A Sell Bill Amt. Rs. 12,00,000 In The Month Of March 2011. (Sales international Package tour). But Tour service Provided In The Month Of May 2011. After The end Of The F.y. And Co. Also Booked Hotel , Transport And Other services Current F.y. So. In This Case My last Year Profit Is increase By rs. 12 Lac And C.Y. Loss Rs. 12 Lac. Pls Tell Me About Accounting Policy And Procesure
Ram Avtar Singh
(Expert)
17 September 2011
Make a provision in last year with same amount.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Oct 2025 Invoices
- Under marginal scheme
- Import of Software Service.
- Clarification Requested: Gift → NRO → NRE → Overseas Transfer - USA/CANDA (FEMA & Tax Compliance)
- GST on Renting godown to KFCSC for Storage of Raagi
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
