04 June 2011
This is mukesh here Can anybody solve my problem?i want to know that "if in a trial balance & as well as in balance sheet also of a company showing difference in opening balance since 4 years, how to tally that difference? Please tell the process.
04 June 2011
I suggest that, whatever difference is there shall either be debitted or credited to Profit and Loss appropriation Account and the Balance Sheet be tallied.