Menu
Partnership
Why undistributed loss is placed at asset side?
Replies (1)
In partnership Undistributed Loss will be shown as Assets in the Head Misscell. Expenditure because this loss will be write off in future years, thats why it is shown as assets.
Recent Topic
- Credit against paud RCM on rent
- Dividend difference in 26AS, AIS, TIS
- 194JB INCOME
- Filing ITR3 where income under section 44AD with L
- What is superannuation fund
- GST Refund of input services under Inverted Duty S
- Dividend Reporting
- Real operational bottlenecks after firms use Tally
- Purchase return under gst
- Long Term Capital Loss - cannot be carried forward
Related Topics
CAclubindia
