Cash Received Rs.1,00,000 as cash from Sundry Debtors

Dharshini (Student) (23 Points)

01 October 2021  

Amount Rs. 1,00,000 received in the form of cash from the Sundry Debtor ( Single party ) in the way of  Rs.10,000 p.m for 10 months . Is this correct ? or what are the step to be taken for this.

Another one, a concern receives cash of Rs.2,40,000 from different parties i.e.Rs.10000 from each party . is this any issue?