Urgent Cash Received Doubt

Muhammad Arshad Ashrafi (Accountant) (189 Points)

09 May 2011  

Dear All

i am accountant in audit firm my query is cash recevied entry is it right or wrong

i pass approx 20 entries of cash received from sister firm x coatings to x paints, for cash shortage. i told to my manager its a wrong way for cash received but he not understand , i want to khow the criteria for cash received or payment from sister firm as sundry creditor or any other sundry creditor.

 

i attach the entry file in excel format

thanks in advance

Arshad