Dear frends any one tell me that what type of ledger is putted in the following group and why?
1) bank occ a/s, 2)deposite, 3) loans and advances
7 Replies
pRaSoOn
(Articled assistant)
(500 Points)
Replied 18 February 2008
1. All the overdrafts ledgers showing credit balances with any banks are to be put in group 1)....
pRaSoOn
(Articled assistant)
(500 Points)
Replied 18 February 2008
All the funds raised by taking deposits from any financial insti. or individuals are deposits. Such ledgers are to be shown in group 2).
pRaSoOn
(Articled assistant)
(500 Points)
Replied 18 February 2008
And the other way....if you have paid any advance to any person or insti. by way of either loan or advance, ledgers of such individuals or insti. are to be dumped in group 3).
pRaSoOn
(Articled assistant)
(500 Points)
Replied 18 February 2008
I think you are asking about tally....right???
pRaSoOn
(Articled assistant)
(500 Points)
Replied 18 February 2008
Anyways i think it should help...
pRaSoOn
(Articled assistant)
(500 Points)
Replied 18 February 2008
If i am wrong....in any information...do tell me....bbye.
CA. SUDHARSAN K G
(Chartered Accountant)
(472 Points)
Replied 18 February 2008
First of all,
make your Query Clear to the reader.
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