CASH SHORTAGE FOR BANK TRANSACTIONS
This query is : Resolved
24 November 2021
SIR,
Assessee maintained single bank account show in books and it returns.but assessee AIS AND TIS information download another bank account detailes mentioned.2 nd bank account transactions entered in books cash balance shortage in books.
Question:
Assessee how to adjustments cash balance shortage in books.
Assessee maintained single bank account show in books and it returns.but assessee AIS AND TIS information download another bank account detailes mentioned.2 nd bank account transactions entered in books cash balance shortage in books.
Question:
Assessee how to adjustments cash balance shortage in books.
24 November 2021
How the accounts are maintained? The second account balance would add its capital, and not cash.
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06 December 2021
sir, a person maintained single businesses account only.cash shortage adjustment procedure
06 December 2021
If transaction in second account are not of any business related transactions, add the opening balance of the account with capital account.
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