Adjustment Entry
Mohammad Zeban Quadri (Student) (55 Points)
24 June 2018
How will do adjustments entry of difference opening balances of Sundry Debtors and creditors.
1 Replies
V P Narasimhan
(Accounts Manager)
(791 Points)
Replied 24 June 2018
Actually there should not be any difference in O/B of any Ledger. It has to be reconciled & arrive at a situation for which schedule being insisted by Auditors for each Ledger.
Recent Topics
- Regarding Perquisite Tax on ESOP - Unlisted Compan
- Casual Taxable Person under GST
- Extended Date of GSTR-1 for the month of July 2020
- NRO Interest - Taxed at source and in Foreign Coun
- Clarity needed on effective date
- Income Tax Refund Deadline Shortened to Five Years
- Rectification Applications for Past GST Demands
- GST Invoices Series
- FILING OF ITR AY 20-21
- CLAIMING OF UNCLAIMED RCM
Related Threads
CAclubindia
