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FSV-bank account both in asset and liability

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Hi

 

In our financial statement ,B/S -the bank main account is defined in Current assets under assets.And also they have defined this bank account number under liability.

 

Is it right?Can same bank account be under Asset and also Liability.If so under what situations.

 

At both the balances the report F.01 shows value for this account with change in the signs in Asset and liability.

 

Please suggest the right approach.


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