How to show advance received and paid.
This query is : Resolved
01 June 2013
Please tell me where in revised schedule VI to show following items. Kindly locate the same specifically.
1. Bank overdrawn.
2. Advance received from Debtors.
3. Advance paid to Creditors.
1. Bank overdrawn.
2. Advance received from Debtors.
3. Advance paid to Creditors.
05 June 2013
Please reply experts.
15 June 2013
Bank over drawn under secured liabilities
Advance from debtors- other current liabilities
Advance paid to creditors - other current assets & loans advances
Advance from debtors- other current liabilities
Advance paid to creditors - other current assets & loans advances
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20 June 2013
Thank you sir for replying..it was helpful.
20 June 2013
What is the logic behind treating Bank overdrawn so ?
20 June 2013
All the bank borrowings are secured with the some security. Bank OD will be secured with stock & debtors generally
21 June 2013
Thanks again sir for your reply...
One more favor from you sir..
Could you suggest me some tips for Self studying Indirect Taxes for Final(CA)...
One more favor from you sir..
Could you suggest me some tips for Self studying Indirect Taxes for Final(CA)...
21 June 2013
you can refer my article. and want more guidance, reach me through mail
https://www.caclubindia.com/articles/tips-to-study-in-taxation-papers-8476.asp
https://www.caclubindia.com/articles/tips-to-study-in-taxation-papers-8476.asp
22 June 2013
Thank you very much for all your assistance. Yeah I would surely be reaching you through mail.
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