04 September 2009
Bank figure shows in the Bank Statement of RS.100000 on dtd.31.03.2009 but in our A/c (i.e.in our computer) shows Rs.95,000. At the time of finalisation of Account at the end of the year, which figure I will take in Balance Sheet (Rs.100000 or Rs.95000)? Will I pass entry of Rs.5000 in our computer which has not been cleared & credited to my Bank A/c? Kindly reply.
CAclubindia
