23 December 2015
Sir, In my books two sundry creditors are there having their amount credited more than Rs.20000.00. Can I repay them in cash, on two or three dates by below 20000.00 amounts.
23 December 2015
The cash payment entries of below Rs 20000/- to be found in your creditors' books also showing that the payments have actually been received by them, though in cash .