it assess
income from bank sb interest
income from bank fd interest
income from gas subsidy
question:
assess above incomes credited by capital account
or
credited by profit and loss account
correct procedure.
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Bank sb and fd interest and gas subsidy income
Replies (1)
Bank Sb interest will be added to capital account
Bank fd interest will be added to Investment in balance sheet
Income from bank subsidy will be credited to P/L a/c
Bank fd interest will be added to Investment in balance sheet
Income from bank subsidy will be credited to P/L a/c
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