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Cash repayment to sundry creditors

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Querist : Anonymous

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Querist : Anonymous (Querist)
23 December 2015 Sir, In my books two sundry creditors are there having their amount credited more than Rs.20000.00. Can I repay them in cash, on two or three dates by below 20000.00 amounts.
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CA PARAS BAFNA

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CA PARAS BAFNA (Expert)
23 December 2015 The cash payment entries of below Rs 20000/- to be found in your creditors' books also showing that the payments have actually been received by them, though in cash .

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