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ILLUSTRATION 4 I COMPLETE RECORRDS

Accountancy

sir in illustration 4 some items of furniture whose written down value on 31st march 20x1 and sold on 30th September 20x1 for 8000 is related to previous year transaction but how it can be shown in current year cash book and p and l account Video Details ------------- Accounting - CA Foundation (New) Accounts from Incomplete Records #9. Illustration 4 | Part 2

Surya Kiranmayee

CMA Inter

★ 0

29-Feb-24 21:05

141

Answers (1)

Think of it as 31st March 2001 & 30th September 2001. So if it is sold during September 2001, it falls in financial year ending 31st March 2002.

CA Suraj Lakhotia

Admin

13-Mar-24 14:29