Why is RCM treated as Current Assets in the books instead of Booking it as expense or showing it as liability?
RCM is not an expense but liability which is to be paid by us.
What is the rationale for the same?
Agree With Gupta Ma'am
Because RCM liability First Required to Pay in Cash
Then Avail credit
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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