bank balance in the audited balance sheet not tally
This query is : Resolved
26 December 2011
Auditor not checked bank statment carefully in last year. In our audited balance sheet bank balance is not tally with our bank statment. Our CA checked bank statment as on 15.03.11 and same amount given in balancesheet as closing balance on 31.03.11. after 15.03.11. bank debit bank charges on 31.03.11 and therefore Closing balance as per bank statment and our account not tally.
What entry we should do?
What about auditors resposibility?
What entry we should do?
What about auditors resposibility?
27 December 2011
If the difference is only on account of bank charges, pass the bank charges entry on 1st April.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Partnership Deed Changes for Remuneration
- GST on Education Service
- Clarification regarding clubbing of AGM and EGM into one meeting
- PROVISION FOR GRATUTY
- Tax liabilities on purchase of agriculture land from adivasi to adivasi person in Maharashtra
- Sale of agrilculture land exmpted for aerial distance calculation procedure for online
- Purchase of residential house by a foreign national (Indian origin, not holding Indian passport)
- Reverse Factoring
- Compliance PF
- Appointment of auditor in agm
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Composition Dealer GST Annual Return Filing process
- TDS under section 195.
- Filing GST Returns after death of proprietor
- Registered Required in GST Act
- Switch over to Composition Scheme
- Gstr 9 and itc
- Clarification regarding IMS
- RCM on Construction of Apartment - Real estate
- Treatment in GSTR-9
Trending Online Classes
-
All Subjects Combo (Regular Batch) Jan & May 26
CA Hardik Manchanda,CS Arjun Chhabra & Prof. Akash Agrawal
CAclubindia
