23 May 2010
If somebody has not made an entry in Bank book but the amount is reflected in Bank statement and year is closed & in BRS this amount is shown under the head amount debited/credited by bank but not entered in bank book, then what will be the treatment in next year.
23 May 2010
If I am getting right , then you are saying that the amount is not entered in the Bank column of the cash book in last year. If this is so then , just pass the entry in the books and the corresponding amount in the Bank column of the Cash book in the next year . However, generally practically, it doesn't happen because , if the amount is received in the bank , then we make the entry for the same in our books.
CAclubindia
