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Examples each for golden rules of accounting
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Answer Posted / ravi ranjan vishwakarma
yes
| Is This Answer Correct ? | 186 Yes | 26 No |
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Differentiate between provision and reserve?
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example wrongly financial statments showing vat refund (under Advances) for the finanical year 08-09 , but present assement year after assement by cto given vat refund more than ledger showing balance then decided to every month set off vat payable to vat refund(advance) but more than recoverd compare with company and cto then what is the entry to be take.
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