Representation of financials
This query is : Resolved
16 April 2018
We are preparing our financials as per IND AS, one of our bank has a debit balance. Where to show this bank account whether under Cash and Cash Equivalents or under Other Current Financial assets? Pls suggest. Or whether we need to reverse the excess cheques issued.
16 April 2018
Please show in cash and cash equivalents. No need to reverse cheques issued.
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