Please Help: accounts
Posted Date : 08-Sep-2012 , 12:28:57 am | Posted By: CA Prateek Negi
Category :
Accounts | Answers :
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Comments :
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in revised schedule 6 were will we take discount on debentures and preliminary expenses |
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Answers:
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 Answer by: SHIKHA SONI |
| DISCOUNT ON DEBENTURES WILL BE SHOWN IN OTHER ASSETS --CURRENT ASSETS AND PRELIMINARY EXPENSES WILL BE SHOWN IN OTHER ASSETS --- NON-CURRENTS ASSETS
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| Comments |
| Posted By : Naga Rakesh |
12-Oct-2012, 11:22:54 |
| both are shown under non -current assets |
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| Posted By : CA Sagar Saraswat |
08-Sep-2012, 09:04:44 |
| yes, discount to be written off in next one year will be present in current assets and discount to be written off after one year will be shown in non current assets. |
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