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Is ADVANCE payment for something a loss

This query is : Resolved 

21 January 2023 is giving advance for some product like that we give for purchase of car as the product will be received after months and are we actually losing a potential income from that advance money

Read more at: https://www.caclubindia.com/experts/is-giving-advance-for-something-a-loss-2889319.asp

21 January 2023 Yes, we are losing potential income, as such..



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