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?
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Assets amount come in credit side?
Replies (5)
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.
bank account can't in minus you have must o/d account who's show in liability side (long term liability)
It 's group under head mistake, please verify CC or OD a/c then take it under loans & liabilities
Mr. Murugu, please tell that what type of Bank account it is??
over draft (od amount)
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