Go AD-Free with CAclubindia Pro and Daily WhatsApp Updates. Subscribe Now!

difference in Opening balance

187 views 4 replies

Jamal Uddin Siddiqui

350 Points Joined September 2017

My debtors opening balance has been difference for Rs 2500000.00. can I adjust this amount from capital accounts. Otherwise what should I do? In which account I should adjust this amount ?

Replies (4)

Pankaj Rawat

GST Practitioner

55067 Points Joined June 2017

Dear Jamal
pls first reconcile the account , only then you able to adjust the same .

Jamal Uddin Siddiqui

350 Points Joined September 2017

This is my accountent mistake in previous years

Pankaj Rawat

GST Practitioner

55067 Points Joined June 2017

What kind of mistake can you elaborate

Jamal Uddin Siddiqui

350 Points Joined September 2017

party charge debit note on a/c of poor quality during the last f/y. but my account show extra debit note so there are show major differnce between my and party Opening balance of current year.