Browsing by Author "Wedage, C.M."

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    Is it a Liability or Other Income?
    (Department of Accountancy, University of Kelaniya, 2016) Wedage, C.M.; Aruppala, W.D.N.
    ABC (PVT) LTD is a family owned limited liability company. The principal activity of the company is rent & lease out of a modern office complex with high quality facilities. During the period the company has written back a Rs.3.1 Mn retention Payable balance as sundry income.