Pls help
Prajwal Pramod Shewatkar (CPT) (49 Points)
30 November 2014Prajwal Pramod Shewatkar (CPT) (49 Points)
30 November 2014
CMA. CS. Sanjay Gupta
("PROUD TO BE AN INDIAN")
(114220 Points)
Replied 30 November 2014
Its simple. Trade Payable reduces when payment is made. When payment is made the bank balance or cash balance reduces. So decrease in Trade Payable results in decrease of assets.
Prajwal Pramod Shewatkar
(CPT)
(49 Points)
Replied 30 November 2014
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