i want to verfiy the teaming and lading in one company so Can anyone tell me the journal entries in relation to teaming and lading please..??
Akash Jain
(CA Final Student)
(261 Points)
Replied 25 July 2012
Teeming and Lading is not ethical and please do not try this entry in accounting .It is means of committing fraud and not showing the exact position of the Balance Sheet and P&L.
Eg. of this could be the funds recieved from one Debtor credited to anothers account purposely .
Rohith K
(Article Trainee)
(33 Points)
Replied 25 July 2012
i know but can u explain with example and journal entries
Anand Raghavendra
(Manager-Internal Audit)
(111 Points)
Replied 27 July 2012
It is Better it remains unknown