Wrong op.balance
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
07 September 2012
dear sir,
before two year i had crated my broker a/c with op.balance of rs.25000/- but orignally it was 0 rs.in this year i want to correct my entry.so what entry i have to pass in tally?
before two year i had crated my broker a/c with op.balance of rs.25000/- but orignally it was 0 rs.in this year i want to correct my entry.so what entry i have to pass in tally?
08 September 2012
This mistake is necessarily followed by another mistake by creating another account with wrong opening balance (might be Capital account) and for correction you need to pass necessary entry to nullify the effect in both the accounts
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
- Claiming exemption of perquisite for employee-owned car under New Tax Regime in ITR-2
- Pass word to open justification report for Q1 for FY 2026-27
- Under construction property in ITR
- Gift of mutual fund units to daughter
- PPF interest-As Exempt Income disclosure
- Not able to file ITR
- Reporting of STCG on Property in ITR
- Upload Level ValidationITR3Category of Defect B/D
- Building tax payment deduction in rental Income
- New Garden in Place of Old Garden
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- 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
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
