Entry mistake

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Querist : Anonymous

Querist : Anonymous (Querist)

01 March 2013 if 100000 rs fd not shown in previous year balance sheet so which entry made in current year

CA Suraj Lakhotia (Expert)
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01 March 2013 Assuming the FD was not accounted at all,

Debit Fixed Deposit A/c and Credit the respective Bank or Cash A/c

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