Fd treatment in balance sheet
This query is : Resolved
23 June 2018
I have made a FD on 24.06.2013 with sbi for 5yrs.
By mistake it can't show in the F.Y.2016-17 balance sheet.
How to show this in F.Y. 2017-18 balance sheet.
Pls guide me.
By mistake it can't show in the F.Y.2016-17 balance sheet.
How to show this in F.Y. 2017-18 balance sheet.
Pls guide me.
23 June 2018
Did you submit your balance sheet anywhere?
As per me option left with you that check last year entry for removal of FD, pass the reversal entry now.
It may be adjusted with capital or reserve
23 June 2018
I have filed itr 4 in the A.Y. 2017-18 . But in the A.Y. 2018-19 the mistake has been arise and need to be disclose in the balance sheet. What entry should I post in the balance sheet so that next A.Y. i.e. 2019-2020 the maturity value should be shown in the balance sheet as well as in Bank pass book
Thanks with regards
I need your help
Thanks with regards
I need your help
24 June 2018
You might be adjusted FD with capital account, so kindly adjust the FD with Capital account again
24 June 2018
What should journal entry do I pass in 31.03.18 and in the time of maturity I.e.24.06.2018
24 June 2018
On 31/03/2018
Fd a/c Dr
To capital a/c
On maturity
Bank a/c Dr
To FD
To Interest
To accrued interest (if any)
Fd a/c Dr
To capital a/c
On maturity
Bank a/c Dr
To FD
To Interest
To accrued interest (if any)
24 June 2018
Thanks a lot it will help me to solve many problems like this
24 June 2018
Most Welcome Guru pada Ji
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
- Showing Gift from relative in ITR for this year
- Share accounting-->fifo - capital gain - period as per fifo?
- ITR selection for salaries and capital gain less than L
- Soyabean hsn code and gst rate
- Treatment of Pension ?annuity returns on PMVY
- ITR filing- non tax audit cases- Asstt.Year 2026-2027
- AY 26-27 ITR-4 FILING U/S 44-ADA
- Plot of land. Cost of Acquisition
- GSTR-4 Annual Return ! Pending Returns for F.Y. 20-21 to 22-23
- TDS related Query_Liquidated Damages
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
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
