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
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Post Office RD Interest
- Building and other construction workers welfare cess act 1996
- Bank Accounts in Balance Sheet for ITR 3
- ITR 3 FILING OF AN INDIVIDUAL (PARTNER IN A PARTNERSHIP fIRM)
- ITR validation error - Balance sheet is not filled
- Eway bill for machinery reparing
- Form 10BD Filling
- Annual return of gst limit
- TDS ON CASH WITHDRAWALS...
- Income of an individual
- Applicable TDS for Purchase of Flat from NRI
- Change the gender in the registration of icai
- Lift replacement entries in housing society
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
