Frauds by employee


This query is : Resolved 

(Querist)
03 September 2014 Can the funds taken away by empoyee during 2 regular course of business be treated as expenditure in my final accounts. Suppose a firm is a trading and has sales man who working in the market to take orders and to receive collection from customer in the market.Now what if a sales man has manipulated the collection from customer for his personal uses and is now absconding.

03 September 2014 yes as loss due to theft or embezellment of cash


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