Cash sales
Harshit Jain (Student CA Final ) (50 Points)
07 September 2015Harshit Jain (Student CA Final ) (50 Points)
07 September 2015
Piyush Tanwar
(Assistant Manager - Accounts)
(1432 Points)
Replied 07 September 2015
Firm can receive cash exceeding 20000 and also can make a sale above 20000.
As Rs. 20000 limit is for payments only, not for receipts.