hi expert, ihave the following query
if i maintain accounting books on accrual basis, and indirect income occured
wat can i give to debit while giving credit to respected income
can i treat that person from whom i receiving income as a debtor upto actual cash receipt.
hi frend,
ur querry is so simple buddy u should debit that income accrual a/c
thanks dear viplove
UR ENTRY SHOULD BE
DEBTORS FOR INDIRECT INCOME A/C DR.
TO INCOME A/C
RoamPrime Technologies Private Limited
Bengaluru
CA
View Details
CA ANOOP P K & ASSOCIATES
Kozhikode
CA Inter
View Details
Bharat Shah & Associates
Mumbai
CA Inter
View Details
K R Kiran Kumar & Associates
Bengaluru
CA Inter
View Details
CCI
Pro
CAclubindia
