Savings account in balance sheet

Roshan Joshi (Service Provider) (24 Points)

09 March 2019  

Hello there,

I have a sole proprietorship firm. I was not showing the savings account balances under the current assets in the balance sheet previously and was only showing the current account. I have been thinking to show savings account and their balances from next fy. Can I do that? Should I show the saving account or not? Any benefit of this approach? Please let me know. Thanks!