أنشئ حسابًا أو سجّل الدخول للانضمام إلى مجتمعك المهني.
As per my view
Prior period expense adjustment in Financial statement (P&L) is required to record prior period expenses.
However, Profit/ Loss will be affect, without this how our accounting is possible in mercantile?
either of Capital/ Revenue is affected. Mercantile there's no other choice.