Over due creditor w/off
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
21 February 2012
A pvt. ltd. co. shows in balance sheet over dues creditors, which in fact not payable but standing in books. Co. want to write off these creditors before march-12. What is the way to write off creditors which no more payable. please advise.
thanks
thanks
22 February 2012
Need to write back the creditors as show as income
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