BRS
This query is : Open
23 May 2010
If somebody has not made an entry in Bank book but the amount is reflected in Bank statement and year is closed & in BRS this amount is shown under the head amount debited/credited by bank but not entered in bank book, then what will be the treatment in next year.
23 May 2010
If I am getting right , then you are saying that the amount is not entered in the Bank column of the cash book in last year.
If this is so then , just pass the entry in the books and the corresponding amount in the Bank column of the Cash book in the next year .
However, generally practically, it doesn't happen because , if the amount is received in the bank , then we make the entry for the same in our books.
If this is so then , just pass the entry in the books and the corresponding amount in the Bank column of the Cash book in the next year .
However, generally practically, it doesn't happen because , if the amount is received in the bank , then we make the entry for the same in our books.
23 May 2010
You are right. We are writing up accounts for a concern for first time. Last vendor has done this mistake.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Fixe term employment
- Is any professional CA is here please reply
- GST ITC REVERSE
- RCM ISSUE ON RENT AND TRANSPORTATION CHARGES
- Foreign lottery ticket bought online from India: legality, tax and consequences
- Putting a heading on received mail
- Gift Received from nonblood relative
- Tax Audit u/s 44AB for Transport Business A proprietorship is engaged in transportation business and
- Reprocessing of rectification order AY 2025-26
- Section 50-fixed asset-->building ceases to exist
- Consolidated financials
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
