If there is a balance from rounding off or writing off during the finalization of accounts, which ac
This query is : Resolved
Mahesh S M
(Querist)
30 April 2024
If we encounter a balance during finalization resulting from rounding off or writing off, to which account should it be transferred?
CA R SEETHARAMAN
(Expert)
01 May 2024
Transfer it to profit and loss account.
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