Bank cc account shows positive balance on year ending

Hello Somesh Raddy,

If their is reconciliation entry means entry passed by you or Chaeque given by you but actually bank statments don't show their effect then their is no need to give any effect. But if entry passed like bank charges or other trancation which were shown in statemnt then it has give effect in Books of Account. Please show which trancation is to be their in your reconsiliation give effect accordingly. 

Sir, I got that, but the question is we are availing a CC account of Rs. 25 lacs which is shown on the Current Liabilites side of Balance Sheet. After making necessary enteries for the year ending 31.03.16, we found that a positive balance of Rs. 100000.00 is shown in the bank statement as it is our main account, all debits/credits happens through this account, i.e., we have a positive figure on the Current liabilties side of  Balance sheet. Sir, we like to know how to make balance sheet tallly for the year ending 31.03.16.

You can show the bank account on the asset side of BS under Bank balances.