My client being a proprietor. He has Saving Account and received Rs. 100000/- from one of his customer(Debtor) in that Account
Whether he would be required to disclose his SB Account in Balance Sheet?
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Whether saving account of an prorietor should be disclosed in balance sheet?
Replies (1)
No Not Required, Post an Inter Alia Adjustment to Debtor and Capital Account, That would be sufficient
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