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Kunwar Pradeep Singh

Kunwar Pradeep Singh (Querist)
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23 September 2013 what will be the effect if debtors balance and creditors balance not to be taken in balance sheet. ....PCC NOV 2001

Ganeshbabu K

Ganeshbabu K (Expert)
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23 September 2013 It will be possible only when there is no credit sales or credit purchases,,,or total outstanding balances were paid off

VAMSI ASSOCIATES/S.PHANI RAJ

VAMSI ASSOCIATES/S.PHANI RAJ (Expert)
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24 September 2013 the cash balance is may be negative if creditors are paid and may be high if debtors are nil with receipts

and another one option if u r file the return then go for revised

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