Reduced cash balance
This query is : Resolved
27 February 2013
sir ,
how could we adjust excess cash in a firm on balance sheet date ?
how could we adjust excess cash in a firm on balance sheet date ?
27 February 2013
Is you mean then actual balance is excess than as per books?
OM SAI SRI SAI JAI JAI SAI
OM SAI SRI SAI JAI JAI SAI
05 March 2013
no sir , i mean that in books if someone have a cash balance of 20 lacs then then how can it be adjusted to around 5 lacs.?
05 March 2013
You can reduce it by creating debtors or giving advance to some other for the purpose of purchases of goods or raw materials or withdrawn by the partners/proprietor or giving advance for purchase so fixed asset(s) etc... like that based on the possible ways you can adjust it.
OM SAI SRI SAI JAI JAI SAI
OM SAI SRI SAI JAI JAI SAI
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