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Doubt for partnership problem

I don't understand that marked area pls make explanation

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Vigneshwaran

Vigneshwaran

CA Inter

1K+

17-Feb-20 15:26

25

Answers (2)

Its prepaid expenditure. Reduce from expense and show it as a prepaid asset.


Suraj Lakhotia

Suraj Lakhotia

Admin

17-Feb-20 15:44

Thank you sir


Vigneshwaran

Vigneshwaran

CA Inter

1K+

17-Feb-20 15:48