Brs

This query is : Resolved

nani (Querist)
Follow

24 June 2013 A bank has charged the business account with a cheque for Rs.2200 in FEB-1982 which should have been passed through A's private account,so according to BRS how to adjust this item.

Ganeshbabu K

Ganeshbabu K (Expert)
Follow

24 June 2013 1)It will not reflect in brs as you may paid it by debiting to A personal account

2)It will come to BRS if the cheque issue was not presented to bank for collection..if that is the case it can be mentione in cheque issue but not presented to bank will be suffice no special disclore required

Thanks & regards
Ganesh babu k

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now