Sundry deposits

Querist : Anonymous (Querist)
29 November 2012
There are long outstanding entries outstanding in Sundry Deposits GL of a bank. Entries are mostly related to excess cash found in the branches or proceeds of cheques collected where beneficiary account not traceable.
Is there any guideline from RBI to set off these entries towards P&L a/c or to set off against any other a/c?

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