a business person accounting books maintained example rs:50,000/- amount un account cash show in books
cash on hand as per books rs:2 lacs
cash on hand as per trade rs:2,50,000/-
question:
a person difference amount rs:50,000/- un accounting cash how to adjustment procedure in books.
Menu
Accounting question for un accounting cash
Replies (2)
You can show it as a gift received from a relative or even from non relatives bcoz gift received upto 50000 is exempt
No problem show as drawings
Recent Threads
- Free GST Reconciliation Tool in Google Sheets R
- NRI return after due date refund case
- TDS u/s 194J - training honorarium
- WHERE TO REGISTER UNDER PTRC AND PTEC ACTS ?
- Key Corporate Compliance Requirements for Private
- Gst Non Filling Return Notice
- GSTR 2B ( MULTIPLE MONTHS )
- Eway bill generation for export material.
- International Tax clarification UK.
- E way bill expired penalty
Related Threads
CAclubindia
