Difference in bank balance

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Bikash Mohanty (Querist)
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27 January 2015 Hi, I observe a differnce in Bank balance(FDR A/c)in Balance Sheet & Bank FDR Statement in F.Y.2013-14 & refund has already received.

My question is how can I correct/rectify the mistake.

Please suggest.

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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27 January 2015 if they are already matured then should not be reflected unless they have been reinvested.

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Bikash Mohanty

Bikash Mohanty (Querist)
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27 January 2015 Hi Tushar, actual case is a certain amount paid to Employee against salary but debited to FDR a/c by which FDR amount increased.

Here FDR are matured & reinvested as well.

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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27 January 2015 you tell me full details with amount for an eg.

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Bikash Mohanty

Bikash Mohanty (Querist)
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27 January 2015 FDR balance - 90000/-.
Salary paid to MR.X of Rs.10000/-.Wrongly

FDR ....Dr 10000
To ABC Bank 10000

As a result, FDR balance 100000/- as on 31.03.2014 & you know there is no impact on Bank balance. So Bank balance was tally with Bank Statement(Current+FDR).

On 01.04.2014, Bank Statement shows FDR balance 90000/-