Accouting of Individual


This query is : Resolved 

(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

15 July 2008 The amount may be shown under the head of Loans and Advances on the Assets side

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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