Fd treatment in balance sheet
This query is : Resolved
23 June 2018
I have made a FD on 24.06.2013 with sbi for 5yrs.
By mistake it can't show in the F.Y.2016-17 balance sheet.
How to show this in F.Y. 2017-18 balance sheet.
Pls guide me.
By mistake it can't show in the F.Y.2016-17 balance sheet.
How to show this in F.Y. 2017-18 balance sheet.
Pls guide me.
23 June 2018
Did you submit your balance sheet anywhere?
As per me option left with you that check last year entry for removal of FD, pass the reversal entry now.
It may be adjusted with capital or reserve
23 June 2018
I have filed itr 4 in the A.Y. 2017-18 . But in the A.Y. 2018-19 the mistake has been arise and need to be disclose in the balance sheet. What entry should I post in the balance sheet so that next A.Y. i.e. 2019-2020 the maturity value should be shown in the balance sheet as well as in Bank pass book
Thanks with regards
I need your help
Thanks with regards
I need your help
24 June 2018
You might be adjusted FD with capital account, so kindly adjust the FD with Capital account again
24 June 2018
What should journal entry do I pass in 31.03.18 and in the time of maturity I.e.24.06.2018
24 June 2018
On 31/03/2018
Fd a/c Dr
To capital a/c
On maturity
Bank a/c Dr
To FD
To Interest
To accrued interest (if any)
Fd a/c Dr
To capital a/c
On maturity
Bank a/c Dr
To FD
To Interest
To accrued interest (if any)
24 June 2018
Thanks a lot it will help me to solve many problems like this
24 June 2018
Most Welcome Guru pada Ji
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
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- TDS U/S. 194NF
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Import license renewal
- Credit profit and loss account in case of bonus share received
- How to determine cost of acquisition of shares on De-merger or Merger
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
Trending Online Classes
CAclubindia
