Sir
I Prepare Accounts in Excel
Bank Amount (Asst) OB for already Minus
Bank Transaction for year amount come in minus amount
so asst amount go to credit side
its correct procedure?
5 Replies
Vinod Babu
(24196 Points)
Replied 27 September 2018
How come minus figure come for opening balance of bank amount?
Is bank account saving or current or OD account please specify.
Check the opening balance as per passbook/ Bank statement.
Is bank account saving or current or OD account please specify.
Check the opening balance as per passbook/ Bank statement.
madan mohan
(Accounts)
(140 Points)
Replied 28 September 2018
bank account can't in minus you have must o/d account who's show in liability side (long term liability)
shyam badade
(11 Points)
Replied 30 September 2018
It 's group under head mistake, please verify CC or OD a/c then take it under loans & liabilities
Vinod Babu
(24196 Points)
Replied 30 September 2018
Mr. Murugu, please tell that what type of Bank account it is??
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