Dr balance of creditors

Page no : 2

CA Anurag Garg (Chartered Accountant) (339 Points)
Replied 20 September 2009

ADVANCE TO SUPPLIERS



(Guest)

it should be simply shown as debtors to whom advance payment is made



(Guest)

dr. balance of creditor in balance sheet treated as advance .advance is  current asset.




Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Join CCI Pro


Subscribe to the latest topics :

Search Forum: