Menu
Closing stock
Stock of RS.10 lakhs was mistakenly omitted from Financial statement of 2012, this was came to knowledge in 2014. How can we rectify in 2012 balance sheet and other balance sheet after 2012?
Replies (1)
Auditor approval is needed for incorporating forgotten stock into balance sheet. It is an adjustment. so appears in both the accounts stock a/c debit and trading account credit.
Recent Threads
- A Restaurant registered under the Composition Sche
- GST RATE OF OUT DOOR CATERING
- Non resident taxation & income tax in India
- GST Rate for oral Hygiene Combo Pack
- GST registration - Address error
- TDS on property pu
- Import of goods IMS action related
- Incometax Survey - Updated Return Filing after the
- TCS under 206C(1F)
- Effect on Cost of Control when Bonus Issue is from
Related Threads
CAclubindia
