expenses debited to p and l a/c

Expenses debited to profit and loss account considered under other heads of income

 

Expenses debited to profit and loss account which relate to exempt income

 

 

what does it mean

Replies (2)

1st line means - expenses related to heads other than PGBP but charged to P&L a/c

2nd line means - expenses related to exempted income but charged to P&L a/c

Originally posted by : Paras

1st line means - expenses related to heads other than PGBP but charged to P&L a/c

2nd line means - expenses related to exempted income but charged to P&L a/c

agreed                     

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