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difference in Opening balance

20 July 2019

My debtors opening balance has been difference for Rs 2500000.00. can I adjust this amount from capital accounts. Otherwise what should I do? In which account I should adjust this amount ?

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4 Replies

Pankaj Rawat (GST Practitioner) (55032 Points)
Replied 21 July 2019

Dear Jamal
pls first reconcile the account , only then you able to adjust the same .

1 Like

Jamal Uddin Siddiqui (350 Points)
Replied 21 July 2019

This is my accountent mistake in previous years

Pankaj Rawat (GST Practitioner) (55032 Points)
Replied 21 July 2019

What kind of mistake can you elaborate

1 Like

Jamal Uddin Siddiqui (350 Points)
Replied 21 July 2019

party charge debit note on a/c of poor quality during the last f/y. but my account show extra debit note so there are show major differnce between my and party Opening balance of current year.