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Cash balance showing credit balance

Others 442 views 1 replies

a private ltd company showing cash balance around 600000/-

 

what is the way to make this balance as debite to take loan in cash or incrise the sale in cash

 

but if i incrise the cash sales then vat and service tax get distrurb

 

so what is the way to make this cash balance as possite

Replies (1)

You can take loan in cash from the directors of the Pvt. Ltd. Co. But the loan amount should be below Rs. 20000. Also take a Loan confirmation letter from the Director while taking the Loan.

 

 

Regards,

Devendra Kulkarni


CCI Pro

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