Balanace sheet
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
19 April 2012
Dear sir
In balance sheet cash show neagative balance and profit and loss under transfer is show can u tell what wrong in balance sheet
In balance sheet cash show neagative balance and profit and loss under transfer is show can u tell what wrong in balance sheet
19 April 2012
How cash balance shows negative figure. You may have shown Cash Credit and Bank OD with Cash balance.
19 April 2012
Cash will not show negative balance. It may be some other bank accounts showing negative balance. Group them as book overdraft in liabilities.
Querist : Anonymous
Querist :
Anonymous
(Querist)
19 April 2012
actually in office we transfer amount nft system is their
contra
entry
cash
bank
show negative balance
actually in office we transfer amount nft system is their
contra
entry
cash
bank
show negative balance
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