a business person accounting books maintained example rs:50,000/- amount un account cash show in books
cash on hand as per books rs:2 lacs
cash on hand as per trade rs:2,50,000/-
question:
a person difference amount rs:50,000/- un accounting cash how to adjustment procedure in books.
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Accounting question for un accounting cash
Replies (2)
You can show it as a gift received from a relative or even from non relatives bcoz gift received upto 50000 is exempt
No problem show as drawings
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