banner_ad

Accounting question for cash balance

Others 298 views 3 replies
example :
A business person purchase of new apartment value rs:30 lacs .but cash on hand balance rs:25 lacs available in books as on apartment purchase date.
question:
If person rs:5 lacs cash shortage amount how the increased procedure cash balance in books as on apartment purchase date.
Replies (3)
Is the cash on hand balance consists of hard cash or it includes bank balance as well.
normally purchase of properly in cash shouldn't be done. everything shud be through bank.
Purchase should be through bank
All the transactions in case of purchase of immovable property to be done through Bank. Either payment is made through DD or Account payee Cheque or any other mandatory e payment system of banking transactions such as neft Or rtgs


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
14 May 2026
Senior Accounts Executive

Karan Gupta & Co.

New Delhi

Graduate (Any)

View Details
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details
Company
19 May 2026
Fundraising Expert

MentorsWorld Ventures Private Limited

Ahmedabad

Others

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
14 May 2026
Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details