Sundry credit showing debit balance rs 8000000/-

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

02 April 2018 My company Account Sundry creditor showing Debit Balance Rs 800000/- last four year c/f. Advance is not recoverable what to do now

Nikhil Kaushik (Expert)
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03 April 2018 assuming that you have taken necessary actions to recover it and still it remains unrecoverable, then write it off.

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