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
(27644 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...!!!")
(128101 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)
(58275 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
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