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When we sale cars, there are obligations arises from this transaction, which is warranty.

And how to avoid pay Vat if we recorded as sales
in General IFRS Discussion by

2 Answers

0 votes
This may help?

http://www.accountantanswer.com/7/warranty-given-on-products-sold?show=7#q7
by Level 5 Member (25.6k points)
0 votes
How to record warranty obligations? It is well explained in the below link!

https://accountinginfocus.com/financial-accounting/liabilities-financial-accounting/recording-warranty-expenses-and-liabilities/
by


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