Board resolution format for writing off the account balances
This query is : Resolved
04 January 2012
Can anyone please tell me a proper format for the board resolution for writing off the account balances i.e debtors,creditors and depoists.I need a proper format to be put as a resolution in the board meeting.
04 January 2012
YOU CAN WRITE OFF ASSET AND NOT LIABILITY (UNLESS LIAILITY IS EXTINGUISHED).PL. BE SPECIFIC AS TO WHAT IS TO BE WRITTEN OFF WHAT IS TO BE EXTINGUISHED.
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