IndigoLearn

Do we HAVE to write note numbers in this sequence in Consol P&L?

I mean 1, then 3, then 2. like that?

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Kumarjit Dey

Kumarjit Dey

CA Inter

4K+

24-Nov-20 02:09

8

Answers (3)

Best Answer

You can have your own note number. Depreciation expense is fine.


Suraj Lakhotia

Suraj Lakhotia

Admin

24-Nov-20 06:14

The institue also, I have observed, puts operating expenses in Note No. 5


Kumarjit Dey

Kumarjit Dey

CA Inter

4K+

24-Nov-20 02:10

Also, if I write simple 'Deprication Expense' instead of 'Deprication and Amortization Expenses' will I loose marks?


Kumarjit Dey

Kumarjit Dey

CA Inter

4K+

24-Nov-20 02:14