banner_ad

Doubt clarfication

This query is : Resolved 
Profile Image

Profile Image

(Querist)
03 December 2013 hi friends:

While Calculating IT Balance sheet for partnership suppose if the Sundry detors is about RS. 4218560/- and they done their company transection only with cheque and asset side is higher then how to increase liabilities side?
Profile Image

Ganeshbabu K

Profile Image

Ganeshbabu K (Expert)
03 December 2013 if proper accounting is done definetely assets and liabilities will match
.
.
however you increase some liability to match
.
.
like advance from customers,unsecured loans
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI
ChatGPT Perplexity Claude Google AI Grok

CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details