Imprest Account comes under which group?
A. Loans & Advances (Asset)
B. Current Assets
Current assets.
loans and advances are under non current assets.
5 Replies
sabyasachi mukherjee
(27579 Points)
Replied 13 August 2023
Imprest account falls within the scope of Current assets
Cash and bank..
Cash and bank..
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 13 August 2023
Cash and Bank is under Current Asset...
But, The imprest account is under Loans and Advances...
But, The imprest account is under Loans and Advances...
Eswar Reddy S
(CFO- at NHTF)
(58270 Points)
Replied 13 August 2023
Current Asset
Advance
Imprest for TA/DA
Imprest for other sections
Advance
Imprest for TA/DA
Imprest for other sections
Recent Topics
- Missing invoice in gst
- GST on consultancy
- Linking adhaar to UAN without employer
- WHETHER ITC REVERSAL TH. GSTR 3B OR DRC03
- Advance Tax For Freelancers
- Is fvu 8.8 version available ?
- Interest and penalty on advance tax shortfall
- Joint Account with 3 legal heirs.......
- TCS adjustment
- GST audit and scrutiny
Related Threads
CAclubindia
