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Discount allowed


bsai partish   15 August 2020

bsai partish

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in ICAI material discount allowed is considered as TEMPORARY CAPITAL as per traditional approach actually it is an expense right??

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sabyasachi mukherjee   16 August 2020

sabyasachi mukherjee

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Who told you wrong concept.

bsai partish   16 August 2020

bsai partish

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In ICAI material it is given as temporary capital why?

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sabyasachi mukherjee   16 August 2020

sabyasachi mukherjee

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It's not temporary capital.

bsai partish   16 August 2020

bsai partish

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Kk tq

Manzil Arora (Others)     20 August 2020

Manzil Arora
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Hi Bsai

Can you share the exact statement from ICAI material that reads the same. Will help to clear this misinterpretation of words.


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