What is the entry for ?
This query is : Resolved
16 August 2011
Dear Sir/ Mam,
What is the entry to be made for Bank Balance which was treated as loan (Current Liabilities) in previous year balance sheet?
Thanks & Regards
Don bosco
What is the entry to be made for Bank Balance which was treated as loan (Current Liabilities) in previous year balance sheet?
Thanks & Regards
Don bosco
16 August 2011
Where you want to make the entry. Is it in tally. If yes then you have to take the opening balance as Cr.
16 August 2011
yes sir it has to be made in tally.In the audited balance sheet it was in Current Liabilities and Provisions as ICICI Bank Loan A/c. Now what shall i do just treat it has bank opening balance in Cash and Bank Balances or not.
Thank you for your response sir
Thanks & Regards,
Don Bosco
Thank you for your response sir
Thanks & Regards,
Don Bosco
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