Cash Accounting System
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
11 April 2011
Under cash accounting system if one receives the cheque on 31st March, 2011 after the banks working hrs. Than in which year he should book the Income. In FY 2010-11 or 2011-12?
12 April 2011
it will be booked in the year 2011-12
07 June 2011
Intelligent question..but practical approach and better option to take in 2011-12
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