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.
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Writing off Accumulated losses
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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?
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