doubt in VAS......

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Chartered Accountant
153 Points Posted on 17 March 2011

Hi frnds,

I ve a biggest doubt in Value Added Statement.

Am badly in need of clarification as to

1.what to do with regard to Excise Duty ???

      Shud i deduct from sales or shud i show it as value applied???????

2.What to do with regard to Provision for bad and doubtful debts??

     Shud i deduct from sales or shud i show it as value applied??????

 

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On 17 March 2011 at 11:28 Report
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....
35 Points Posted on 17 March 2011

Provision to be shown as value applied

&


Excise duty to de deducted from sales

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On 17 March 2011 at 11:48
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Chartered Accountant
153 Points Posted on 17 March 2011

Are you sure???????

Is that 100% right adjustment ???

cos in som books dey took d other way.....

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On 17 March 2011 at 11:57

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