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S.Debtors

This query is : Resolved 
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(Querist)
07 July 2010 What can be the reasons for s.debtors showing a credit balance?
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
07 July 2010 1.Advance recd credited to DRS a/c
2. Excess payment receiived
3.Credit note passed after recd the payment
4.Bills not acccounted which against payment received
3. Some time wrong credit
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CA. BIJENDER KR. BANSAL

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CA. BIJENDER KR. BANSAL (Expert)
07 July 2010
Agreed.
Security recd form customers.
Sales return after setoff account.
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Rahul Gupta

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Rahul Gupta (Expert)
08 July 2010 This query provides you some more reasons.......
https://www.caclubindia.com/experts/s-debtors-showing-credit-balance-426380.asp
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