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Why we are prepaparing Debtors and Creditors list for more
than lessthan 6 months at the year ending?
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Answer / y.bemlateswara reddy
Because to know the liquidity position and quick
receivables and to know whether they are receivable or not.
| Is This Answer Correct ? | 6 Yes | 1 No |
Answer / abdulaziz
To know the exect position of the business in the sens of
recevable and payable to find out the liqudity ratio.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / joydeep chakraborty
Because to know the liquidity position and quick
receivables and to know whether they are receivable or not.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / dharmendra.ch*mancherial)
becaz they are current asset and purerly the debtors and
the credirors are the real cash.
| Is This Answer Correct ? | 1 Yes | 4 No |
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Suresh agreed to adjust Ramesh due amount of Rs 15000- from his credit balance
Audit 
