Forensics and the art of triangulation

Allied Digital Services (ADSL) on upper circuit for two days. Came to know a strange aspect about it on another group. It had debtors of 145cr on 30-09-2016, it did sales of 100cr in H2FY17. Even if the company did zero collection from debtors during the six month period (1-10-16 to 31-03-17), its debtors should be 245cr on 31-03-17. But as per balance sheet of 31-3-17, its debtors are 302cr!! I have been cracking my head over this but unable to comprehend. Request help in understanding this…

7 Likes