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Please help (Accounts)

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This query is : Resolved

Author : Anonymous

( Author )
24 January 2012

 Dear Experts I have one question that the cash which is deposited in the bank account shall i take it as income in Profit & Loss a/c if not then where it will come


CMA Ramesh Krishnan

( Expert )
24 January 2012

 Cash deposited not expenses or Income it is an asset item, need to pass contra entry



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