Fixed deposit of 2,00,000 rupees deposited on 16/03/2016 was not shown in balance sheet as on 31/03/2016. Can we show it for the year ending 2017 March?
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Accounting of fixed deposits
Replies (2)
Yes you can show that.
Once you ll confirm your auditor
Once you ll confirm your auditor
Thank you for your reply but closing balance of cash as on 31st March 2016 was 25000/- only then how to enter a FD of 200000/-?
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