Diff. opening balance in trial balance
This query is : Resolved
Sutanu Biswas
(Querist)
08 March 2012
When i put any current assets op. balance Rs. 5000 in tally 7.2, then in trial balance shows diff. in op. balance Rs. 5000.
Have any solution for this problem?
Have any solution for this problem?
09 March 2012
You have to enter a similar amount on the liabilities side. Either capital or creditors or any other liability.
Once you enter the complete Balance Sheet, there will be no difference.
Once you enter the complete Balance Sheet, there will be no difference.
Sutanu Biswas
(Querist)
14 March 2012
Suppose bank balance as on 01.04.12 Rs. 5000/- Debit. First alter ledger and put op. bal Rs. 5000 Dr. then it show in trial balance diff. in op bal.
What is the corresponding entry i'e diff. balance is to be nil.
What is the corresponding entry i'e diff. balance is to be nil.
15 March 2012
Capital or liabilities is the corresponding amount.
31 March 2012
I agree with the expert and he has correctly guided you. Kindly follow his advise.
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
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
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
