31 March 2024
Sir, A Doctor maintained a private hospital and pharmacy Stores Cash balance as on dt:30-03-24 rs:40 lacs as per hospital account books and physical verification cash rs:35 lacs Cash balance as on dt:30-03-24 rs:30 lacs as per pharmacy Stores account books and physical verification cash rs:32 lacs Question: Assessess excess and shortage cash amount deposit in bank account as on dt:31-03-24 compulsory.
02 April 2024
cash balance as per books rs:40 lacs physical verification cash amount rs:35 lacs as per hospital account books
cash balance as per books rs:35 lacs and physical verification cash amount rs:30 lacs as per pharmacy business as on dt:31+03-24
doubt:
difference amount books vs physical verification adjustment procedure
CAclubindia
