I required to decide which of the accounts needs to be managed on open item basis. Following are the accounts abt which i have confusions:
(Please mention yes or no in front of above mentioned accounts)
Liabilities:
Revaluation Reserve Accounts
General Reserve Accounts
Term Loan Account
Unpaid salary accounts
Employer & employee contribution to PF accounts
Assets:
Investment in ABC shares A/c
Investment in Mutual funds A/c
Exicse related accounts (both receivable & payable)
TDS related accounts (both receivable & payable)
XYZ bank A/c (Main A/c)
Advance taxes A/c