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Sundry creditor

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Querist : Anonymous

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Querist : Anonymous (Querist)
21 August 2013 Dear Sir,
Bank limit balance was Rs. 1365000/- on 31 March 2013.
Whether it would be show as sundry creditors in Liability side of balance sheet
or
It has to show seperatly in liablity side.
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CA BHARATH KUMAR

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CA BHARATH KUMAR (Expert)
22 August 2013 i didnt get your question . here if you have CC or OD account you can shown under Loans (liability). its not Creditor
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Ganeshbabu K

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Ganeshbabu K (Expert)
23 August 2013 If it is balance of bank overdraft or cash creadit it can be disclosed under "Short term borrowings under "current liabilities"
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