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Accouting of Individual

This query is : Resolved 
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(Querist)
15 July 2008 Dear Sir,

Suppose an Individual Give Rs 1000/- in the Trust operated by bank Later on it will be refunded.
My query is Under which Group Head should i show the same

Regards

Ravi Konda
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CA RAMESH KUMAR AHUJA

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CA RAMESH KUMAR AHUJA (Expert)
15 July 2008 The amount may be shown under the head of Loans and Advances on the Assets side
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Ravi Kiran

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Ravi Kiran (Querist)
15 July 2008 Dear Sir,

What is the Logic behind of Showing Under Loans and Advances

Regards

Ravi Konda
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