07-20-2010, 03:56 PM
Dear,
Step 1 - Obtain manual ledgers
Step 2 - Note closing balances of parties appearing in such ledgers with positive and negative sign along with their names etc.
Step 3 - Prepare separate list for positive balance parties as well as negative balances parties.
Step 4 - Generally negative balances were appear in case of Payable and positive balance were appear in case of receivables.
Step 5 - Go to you CA room.
Step 6 - .............................. best of luck
Step 1 - Obtain manual ledgers
Step 2 - Note closing balances of parties appearing in such ledgers with positive and negative sign along with their names etc.
Step 3 - Prepare separate list for positive balance parties as well as negative balances parties.
Step 4 - Generally negative balances were appear in case of Payable and positive balance were appear in case of receivables.
Step 5 - Go to you CA room.
Step 6 - .............................. best of luck
