Delayed payment of electricty for using electricity in factory interest charged by electricity department. wheather that interest comes in Trading or P&L.
thankyou in advance
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Accounting entry
Replies (3)
profit ana loss account
Delayed payment of electricty for using electricity in factory interest charged by electricity department. It should be changed to P&L.
Yes.... It's accountable in PandL account...
But,
It's disallow under IT.
But,
It's disallow under IT.
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