can a brs make with zero balance ???
ashish gupta
( student)
(1922 Points)
Replied 18 June 2011
M. N. JHA
(CA)
(8316 Points)
Replied 18 June 2011
V P Narasimhan
(Accounts Manager)
(791 Points)
Replied 21 June 2011
Yes if the Book balance and the Bank Balance is the same it applies. In this case there will not be any Cheque issued but not presented or Cheque deposited but not credited so it nullifies everything.
shubham
(CA FINAL NOW )
(138 Points)
Replied 22 June 2011
i mean can a brs make with cash book zero balance ??