Sir I am a student of class 12. My question is why advertisement suspense accounts is written off when a partner is retires like accumulated losses when it is considered as deffered revenue expenditure.
Read more at: https://www.caclubindia.com/experts/writing-off-accumulated-losses-2867434.asp
Menu
Writing off Accumulated losses
Replies (1)
Need clear explanation of your query to answer the same.
transactions resulted in creating advertisement suspense account. also why the transaction is parked under suspense account?
transactions resulted in creating advertisement suspense account. also why the transaction is parked under suspense account?
Recent Topic
- Gift recd from brother
- How to show Loan write off in DPT 3?
- Form 10E and Salary arrear
- LTCG U/S 54F. Sale of property plus sale of share
- Issue with ITR2 online utility for HUF
- TDS deducted by EPFO under wrong section
- Schedule SI in ITR-2
- What is the easy way to do CA- through foundation
- Schedule FA query for this AY 2026-27
- Business income source for husband and wife
Related Topics
CAclubindia
