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Sundry creditor opening balance difference

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Tax practitioner
335 Points Posted on 29 August 2020
50000 opening balance 1/4/19
actual opening balance is 80000
paid by cheq 80000 1/6/19 balance is shown 30000 excess payment what adjustment we do ?
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On 29 August 2020 at 21:14 Report
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article
217 Points Posted on 29 August 2020
30000 difference on account of what? purchases remained to be shown of last year or payments made not matching of earlier year?
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On 29 August 2020 at 21:21
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Tax practitioner
335 Points Posted on 29 August 2020
Purchase bill missed
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On 29 August 2020 at 21:24
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article
217 Points Posted on 29 August 2020
Show that bill as purchase on 01.04 and show it as prior period expenses
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On 29 August 2020 at 21:26
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Practising CA
8954 Points Posted on 30 August 2020
Agree with Dhiraj Kabra ji.
30 Reply
On 30 August 2020 at 01:07
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Senior auditor
110 Points Posted on 30 August 2020
Agree with dhiraj kabra ji
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On 30 August 2020 at 15:25


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