25 December 2015
In balance sheet which bal of bank account is required to show whether it should be as per book or as per bank.My opinion is it should be as per bank balance but i joined a partnership firm in which balance as per bank as on 31/3 is not matching with audited balance sheet. and ca is saying there are some cheque issued which he considered. it it ok??? please reply asap
25 December 2015
it will be as per books only......
Querist :
Anonymous
Querist :
Anonymous
(Querist)
25 December 2015
then sir why there is concept of book overdraft that is check issued as per books but not presented for clearance. creditors ke entry reverse kyu karte hai ? book overdraft increase karke and bank increase karke vapas pls reply asap.