Prior period mistake to identify the nature of expenses
pooja dedhia
(Querist) 29 July 2012
This query is : Resolved
Designing expenses in earlier year is written off as revenue expenses in P & L a/c. at the later year it comes to know that is requir to capitlais in eariler years. if this mistake want to rectify,how can be shown in book's of a/c
R.K Nanda
(Expert) 30 July 2012
Academic query.