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(Querist)
13 August 2011 if a firm deals in two items say tv and coolers, then if in the hp debtors a/c, if hp stock is the balancing figure, then in which ratio will it be divided amongst tv & coolers????

pls pls reply, it's urgent....
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CA Pushpendra Gaur

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CA Pushpendra Gaur (Expert)
27 September 2011 the hp debtors of all the items cannot be clubbed in single hp debtor as they represent seperate personal accounts
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CA Pushpendra Gaur

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CA Pushpendra Gaur (Expert)
27 September 2011 there shld be separate hd debtors a/s for coolers and tv which will give sepearate closing balance of tv and cooler.




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