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.
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