CASH BALANCE IN PARTNERSHIP

This query is : Resolved 

31 March 2023 Dear All,

There is a cash balance 0f Rs 34 lakhs in partnership firm , there is no cash deposits during the year.

please advise

01 April 2023 Turnover should match with cash balance.

01 April 2023 Sir Turnover Rs 6 crores

01 April 2023 No problem in such a case when cash sales exceeds 34 lacs.


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