After audit how will you treat previous year expenses in current year?

أفضل جواب: <p>Depends on what type of mistakes committed by old Accountant. As far I am concerned, I had to re ... الإطلاع على المزيد

أفضل جواب: As per my view Prior period expense adjustment in Financial statement (P&L) is required to record pri ... الإطلاع على المزيد

أفضل جواب: It is called prior year's adjustment, liability account would be debited and profit and loss account woul ... الإطلاع على المزيد

أفضل جواب: If the bad debt is recovered, that amount should be treated as other income and shown in the P&L acco ... الإطلاع على المزيد