Cash in transit
This query is : Resolved
Guest
Guest
(Querist)
27 May 2010
In case of Debtors A/c wat will be the effect of cash in transit.Whether it will be considered.if yes, then how ?
27 May 2010
i think debtors a/c Not affected by cash in transit...
27 May 2010
Agree, debtors a/c will not affected.
28 May 2010
Agree debtors account are not effected. reason is that if we are considering cash in transit then we are considering the money as ours, and so the receipt of debtors is already made. The cash in transit will be shown under cash balance only.
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