Dear All ,
If any trade creditor is write off in accounts due to settlement and after 3 years again that creditor arise and demand the amount and company /firm paye that amount , then what will be the accounting tratment in the books of accounts in the case of individual , Firms or Companies ?
Please advice on the above
KK & Company Chartered Accountant
Pune
CA Inter
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Abic and Mani Chartered Accountants
Kottayam
B.Com
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Chirag P Shah & Co. Chartered Accountant
Pune
B.Com
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CCI
Pro
CAclubindia
