Tere Khayal Se

[muqawwee123]

Re: Tere Khayal Se

@madz124

by credit, did you mean reduction in expenses? If that was the case, you should have stick to your point.

If by credit, you mean tax deduction, then Allah hi rehm kare

[madz124]

Re: Tere Khayal Se

@muqawwee123

by credit, did you mean reduction in expenses? If that was the case, you should have stick to your point.

If by credit, you mean tax deduction, then Allah hi rehm kare

lol don’t confuse me more. my nazuk brain is hurting already.

original entry:

dr unreconciled differences
cr expenses

then when client reports the source of the discrepancy…reverse the credit to expenses:
dr expenses
cr asset account

so if expenses increase, tax liability goes down. :k:

[muqawwee123]

Re: Tere Khayal Se

@madz124

lol don’t confuse me more. my nazuk brain is hurting already.

original entry:

dr unreconciled differences
cr expenses

then when client reports the source of the discrepancy…reverse the credit to expenses:
dr expenses
cr asset account

so if expenses increase, tax liability goes down. :k:

P&L ki window dressing