Need a reply urgent basis

we Have a creditor from outside India amounting RS.27laks in the Balancesheet of 2016-17, that was actually the closing balance in fin year 2015-16 which is still payable. so Does it require any documents or any disclosure in the  Balancesheet of 2016-2017?

Note the companies turnover is 2CR

Replies (4)

You need to mention that creditor more than 1 year in your balance sheet. Hence instead of showing as trade payable under current liabilities, you can report under Long Term Liabilities.  


Wow, What a Excellent post. I really found this to much informatics. It is what i was searching for. I would like to suggest you that please keep sharing such type of info. <a target='_blank' rel='nofollow' href="https://sehatkahani.com//">Mental Experts in Pakistan</a>
 


Things can be almost positively different when we do the right thing at the right time. Sometimes, both, as a patient and a doctor, apart from going through on with their lives they regret about things which happened in the past, likely to be surgery or evading early diagnosis. Online healthcare providers can minimize such possibility to some extent as they deliver convenient consultation services, often save lives in identifying the serious health issue before it gets too late.
<a target='_blank' rel='nofollow' href="https://sehatkahani.com//">Mental Experts in Pakistan</a>
 

Experion Saatori in Sector 151, Noida offers premium 3 & 4 BHK luxury apartments with modern amenities, elegant design, and excellent connectivity, ideal for upscale living and smart investment.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
19 October 2026
Accountants/Articles (Freshers/Experienced)

ADY & CO.

New Delhi

Graduate (Any)

View Details
Company
Featured ARTICLESHIP 06 October 2026
Semi Qualified

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
06 October 2026
Assistant Manager - Audit and Compliance

Ravi K Jain & Co

Noida

Others

View Details
Company
Featured 29 October 2026
Accounts Executive

Synergy Keystone

Chennai

B.Com

View Details
Company
ARTICLESHIP 07 October 2026
Article Trainee/ CMA Trainee

RMA And Associates LLP

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 29 October 2026
Article Assistant (CA Inter / CMA Inter) - Thrissur

Varma Raja & Associates

Thrissur

CA Inter

View Details
Company
Featured ARTICLESHIP 28 October 2026
CA- Inter and Articles

N N V Satish & Co.,

Hyderabad

CA Inter

View Details
Company
12 October 2026
Chartered Accountant - Internal Audit

HKC | Chartered Accountants & Business Advisors

Ludhiana

CA

View Details