it assess cash loan to friend Rs:15 lacs Dt:10-03-21 through bank mode pay.if assess cash on hand balance avalivable as on date 10 lacs in accounting books.Question: Difference Rs:5 lacs adjustment cash in books.
Menu
Accounting question
Replies (1)
no need to adjust because all online and cheque transactions will come under Bank a/c and cash balances in cash a/c
so bank 15, cash 10 lakhs
Recent Threads
- A Restaurant registered under the Composition Sche
- GST RATE OF OUT DOOR CATERING
- Non resident taxation & income tax in India
- GST Rate for oral Hygiene Combo Pack
- GST registration - Address error
- TDS on property pu
- Import of goods IMS action related
- Incometax Survey - Updated Return Filing after the
- TCS under 206C(1F)
- Effect on Cost of Control when Bonus Issue is from
Related Threads
CAclubindia
