Stock statement
This query is : Resolved
28 September 2012
Dear sir,
We need to submit the stock statement to bank while calculating the stock statement some customers will give advance on order confirmation how to show the advance on stock statement
We need to submit the stock statement to bank while calculating the stock statement some customers will give advance on order confirmation how to show the advance on stock statement
28 September 2012
If the Advances from Customers is shown in stock statements, then your Drawing Power (DP) will be reduced proportionately to that extent.
Generally all borrowers are not disclosing the Advance amount received from customers.
If U want to disclose U can show after sundry creditor amount separately.
Generally all borrowers are not disclosing the Advance amount received from customers.
If U want to disclose U can show after sundry creditor amount separately.
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?
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- TDS U/S. 194NF
- Applicable TDS rate for sale of property in Nov 2024
- GST ON EXPORT COMMISSION
- Should I report my US salary for January, February, March in Schedule FA?
- 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
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
CAclubindia
