SUPPLIER PAYMENT ADVACE

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166 Points Posted on 28 July 2022
Payment Made To Supplier In Advance where to show in balance sheet under which head
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On 28 July 2022 at 16:31 Report
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This discussion clarifies the accounting treatment for advance payments made to suppliers. Such payments should be recorded under 'Advances & Deposits' within the Current Assets section of the balance sheet. This ensures accurate financial reporting.

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SEO Sai Gr. Hosp.
212511 Points Posted on 28 July 2022

Under 'Advances & Deposits' in Current assets.

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On 28 July 2022 at 19:39
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166 Points Posted on 28 July 2022
Ok thank you
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On 28 July 2022 at 21:25

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