Loan and advance

185 views 3 replies
Sir,
in a balance sheet 31.03.2019. due to some mistake some value mention under Sundry debtors instead of Loan, & advance. please advise is this any problem with us.
Replies (3)
Hi naveen kumar.

this will lead to mis declaration, kindly ammend the bs.

if its a proprietor or firm then little bit linience depending upon materiality can be taken

You can also write to me  at sthayin @ gmail for further assistance
Sundry Debtirs is a receivable account.
Griuped under Current Asset.

If you are audited amend that.


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