Dear All,
We have taken services/supplies from some of the vendors for the FY 2014-15 to 2016-17 and we have paid part payments to the vendors and theier is no payments to the some of vendors due to material rejction and servicies not completed.
Hence same amounts shuld be written off or still showing to our books of accounts?
If showing to our books of accounts how many years to be shown.
If written of the out standing amount which a/c debited
CAclubindia
