20 August 2014
in regard with form 4s ,whether the colum total cash balace includes cash in bank also or not? 2. colum sundry creditors includes bank o.d or not please discuss. thanking you
22 August 2014
Sir, do we need a notification to consider whether bank is cash equivalent or not? if we go this way, we would ICAI to start defining each for word in the dictionary for us.
22 August 2014
for cash and cash equivalent normally include cash and bank bal. also. under sundry creditor only the creditors related to the business.