When to record

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Professional
84 Points Posted on 01 July 2016
When to book audit fees exp under cash basis of accounting ?
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On 01 July 2016 at 19:32 Report
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Professional
84 Points Posted on 01 July 2016

THANKS FOR SHARING YOURS VIEWS .

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On 01 July 2016 at 19:34
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C.A
496 Points Posted on 01 July 2016
when actually paid then only
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On 01 July 2016 at 20:04
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CA
40 Points Posted on 02 July 2016

Yes Mr Manish is right ,

In Cash Basis accounting Audit expenses shall be recorded only at the time payment.

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On 02 July 2016 at 00:43
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Professional
84 Points Posted on 03 July 2016

THANKS TO ALL MY FRIENDS

 

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On 03 July 2016 at 15:36

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