Hello !
here , im new member i have a accounting question please solve it .
what is the accounting entries of capital profit & capital losses and why we use in accounts and which Accounting Standard is belong to.
please seniors.
regards
sandeep dadhich
Capital profits and losses are those which cannot be recognised to be pertaining to one year.......and to be spreaded over to a substantial utilisation period......like they may be used to increase/decrease the asset value...depending on the situation........the words are variedly used in AS-9,10,13,14.....etc.....
| Originally posted by : Swetha | ||
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Capital profits and losses are those which cannot be recognised to be pertaining to one year.......and to be spreaded over to a substantial utilisation period......like they may be used to increase/decrease the asset value...depending on the situation........the words are variedly used in AS-9,10,13,14.....etc..... |
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thanks swetha G,
could u expalin me elaborately with accounting entries with example.
any one please !
regards
no body can answer my question ?
what is the accounting entries ?
no body can answer my question ?
what is the accounting entries ?
CAclubindia
