Rajesh Raman ( ) (292 Points)
10 March 20161.one my client face a serious problem. he is running a proprietorship his cash goes negative balance around nearest 60000. how to adjust these amount at the time of finalisation.what is the adjusting entry ?
2. Is there is any difference difference in case of the assessee is a company? (Adjusting entry)
Ajit Hegde
(CA - Final)
(1367 Points)
Replied 10 March 2016
Rajesh Raman
( )
(292 Points)
Replied 10 March 2016
Doing the finalisation Fy 2013-14, I have no other option how to overcome the situation? pls help
CAclubindia
