As per revised schedule VI Misc. Exp. (to the exent not written off or adjusted) shall now not to be shown separately under the head "Other Current Assets." I by mistake wrote that Misc Expenditure now to be shown in separate head "Other Current Assets".
Misc. Exp. will not be a part of Balance sheet item now they will be treated as expenses and shown as separate account in Profit and Loss
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Comments
Tanmay Bhardwaj
12-Sep-2012 , 03:27:12 amAs per revised schedule VI Misc. Exp. (to the exent not written off or adjusted) shall now not to be shown separately under the head "Other Current Assets." I by mistake wrote that Misc Expenditure now to be shown in separate head "Other Current Assets". Misc. Exp. will not be a part of Balance sheet item now they will be treated as expenses and shown as separate account in Profit and Loss
SHIKHA SONI
19-Sep-2012 , 01:57:05 amthanx