banner_ad

S. Debtors showing Credit balance

This query is : Resolved 
Profile Image

Profile Image

(Querist)
06 July 2010 What are the possibilities of S.Debtors showing credit balance?


Thank You
Regards
Devendra
Profile Image

Rahul Gupta

Profile Image

Rahul Gupta (Expert)
06 July 2010 Some of the possible reasons could be >

1. Debtors have paid excess payment.
2. Sales return by the customers but amount not yet settled or returned.
3. Sales wrongly entered in other party accounts while payment received is recorded correctly.
4. Volume Discount or other discount paid later after period although payments received in full.
Profile Image

Kariyappa

Profile Image

Kariyappa (Expert)
07 July 2010 One More

1.Advance received from the Debtors.
Profile Image

CMA. CS. Sanjay Gupta

Profile Image

CMA. CS. Sanjay Gupta (Expert)
07 July 2010 AGREE WITH EXPERTS.
Profile Image

CA. BIJENDER KR. BANSAL

Profile Image

CA. BIJENDER KR. BANSAL (Expert)
07 July 2010 AGREED WITH EXPERTS.
SECURITY DEPOSIT FROM CUSTOMERS
Profile Image

CMA Arif Farooqui

Profile Image

CMA Arif Farooqui (Expert)
12 July 2010 AGREE WITH EXPERTS.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
ARTICLESHIP 15 May 2026
Audit Assistant / Article Trainee / Intern

SSGS and Associates

Chennai

CA Inter

View Details
Company
14 May 2026
ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
08 May 2026
Paid Assistants

Quick Taxperts Private Limited

Bengaluru

Graduate (Any)

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details