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Kindly provide journal entries for illustration 1. like how Progress billing is done, what happens to construction wip! Journal entry would help I'm understanding the accounts. [Video Time Stamp: 08:58] Video Details ------------- P1 - Accounting Standards - CA Inter AS 7 #7. Disclosure Requirements and Illustrations
Answers (6)
Thread Starter
Geeta BIs this is how the journal entries are passed sir? How to pass entry for 35 l due to customer?
Journal entries attached. It is good to understand conceptually in depth. However, pls note such in depth study at CA inter is not advisable. It can impact overall preparation for exams.
Thread Starter
Geeta BI accept sir. Its very true. Thankyou so much .
Welcome. When are you writing exams?