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Outstanding Income & Advance income - Will it be shown in
P&L..? In b/s which side, it will be shown..?

Question Posted / ngr

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Outstanding Income & Advance income - Will it be shown in P&L..? In b/s which side, it wil..

Answer / n manjunath reddy

out standing income and advanced income are
show in the credit side of the p and L in the
balance sheet assets side like out standing
debitors

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