Negative cash


This query is : Resolved 

Quick Summary
This discussion addresses a kirana wholesale account with a significant negative cash balance. The proposed solutions include realising outstanding debtors, selling stock on a business-to-consumer (B2C) basis, and ensuring all cash sales are accurately recorded in the books of accounts. Promptly updating pending entries is crucial to rectify the negative cash situation.

27 December 2020 Sir i have a large amount of negative cash in b/s what can i do to resolve it
It's kirana wholesale account
Maximum debtor are realised and sold him as B2 C NATURE

28 December 2020 Book cash sales sir. I think its unrecorded in your books of accounts.

28 December 2020 You have to update all pending entries in the books of accounts


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