Creditors (Dr)
This query is : Resolved
06 September 2009
Sir
By which name should Dr balance of creditors be shown in Balance sheet of a proprietor?
Thanks
By which name should Dr balance of creditors be shown in Balance sheet of a proprietor?
Thanks
06 September 2009
Two Thing is possible for Debit balance
1. Advances given to creditor.
2. Purchase Returm
show Debtor net or Advances in B/s.
and in I.T.R.4, showing Debtor net or Show in Advances receivable in cash or kind.
1. Advances given to creditor.
2. Purchase Returm
show Debtor net or Advances in B/s.
and in I.T.R.4, showing Debtor net or Show in Advances receivable in cash or kind.
07 September 2009
hi,
Dr bal of creditors is shown under the head adv recd from creditors under Loans & advances at asset side in b/s.
Dr bal of creditors is shown under the head adv recd from creditors under Loans & advances at asset side in b/s.
07 September 2009
i totally agree wit chintan
08 September 2009
agree , one more reason for dr balance would be........ payment made but no bill received.
its happened in real estate business
its happened in real estate business
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Unanswered Queries
- Is this income indian or foreign income?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- GST on export of services and Input Credit
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- TDS U/S. 194NF
- Applicable TDS rate for sale of property in Nov 2024
- Tds on building rent monthly
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
Trending Online Classes
CAclubindia
