Hi sir,
I met with a problem while preparing the financial statement of a servicing company.please advice me how to present the contract receipts which is not due but some cost has been incurred for the contract in the year itself.
Menu
Servicing or contracting company
Replies (1)
you have to prepare separate head for such expenditure and transfer such expenditure to work in progress and show in the closing stock (work in progress)
Recent Topics :
- Company data for software
- Car purchase to be eligible for ITC
- GST Refund on payment to builder
- TDS u/s 194Q on electricity supply by DHBVN etc.
- Subject: Can I Apply for Fresh GST Registration on
- Additional place in GST RC
- Company 3 months old, INC-20A not filed, all 3 of
- How do I choose the Best GST Lawyers in New Delhi
- Loss on sale of residential flat after indexing al
- Short Deduction
Related Topics :
CAclubindia
