Treatment of advance receipt against PO as revenue
This query is : Open
28 January 2021
If we are getting advance from the client against PO by end of FY20-21, and supply is happening on next FY 21-22.
Whether advance amount received from the client as revenue in our books during FY 20-21 by providing corresponding expense provision on books.
Whether advance amount received from the client as revenue in our books during FY 20-21 by providing corresponding expense provision on books.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
CAclubindia
