Cash balance showing credit balance

This query is : Resolved

Guest

Guest (Querist)

09 February 2013 a private ltd company showing cash balance around 600000/-

what is the way to make this balance as debite to take loan in cash or incrise the sale in cash

but if i incrise the cash sales then vat and service tax get distrurb

so what is the way to make this cash balance as possite

Guest

Guest (Expert)

10 February 2013 I have seen cases where expenses were recorded through out the year but incomes were recorded only during the end of the year. This showed substantial credit balance in cash A/c.

If its possible for you to change the date of expenses that you have booked, then do that. Or else handloan or introduction of capital to the business is also an option.

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