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Bank charges
Whether bank charges be treated as a part of finance cost or be treated as other expenses
Replies (4)
Other Expenses....
But, the Bank Charges is different ways. Also we can consider it's nature.
But, the Bank Charges is different ways. Also we can consider it's nature.
Depend on the fact on hand.
Other expenses
AS ACCOUNTS BOOK:-
LEDGER :BANK CHARGES
HEAD : INDIRECT EXPENSES
AS P&L SHEET
EXPENSES BANK CHARGE SETT OFF AGAINST GROSS PROFIT
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