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 Topics :
- Last day for ITR-U for AY 2023-2024 (FY 2022-2023)
- Sale of shares in indian company by a non resident
- Difference in TIS
- GSTR-9C Upload Status Error Occured
- “Income Tax Implications of Company-Related
- Advice needed: Hypothetical case of non-filing of
- Demand Raised for Cess Amount Despite Section 89 R
- WRONG BILL NO FILED IN GST R1
- Addtional trade name for my another firm
- Commission / Agency Business without books: REAL E
Related Topics :
CAclubindia
