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Cash balance

CHAITRI SUDHAKARBHAI KHAROD (ARTICLE) (752 Points)

02 December 2019

how to adjust cash balance practically in proprietorship while accounting?????

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RAJA P M ("Do the Right Thing...!!!") (127150 Points)
Replied 02 December 2019

Can You elaborate with some details...?!

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CHAITRI SUDHAKARBHAI KHAROD (ARTICLE) (752 Points)
Replied 02 December 2019

Means I don't want to go in unethical way for adjustment of cash balance but if I want to increase or reduce the cash balance for the interest of clients by staying within the framework of rules and regulations then how to adjust it to tally all the transactions....

moreover if I increase or reduce the cash balance then I have to show proof...so practically how it is adjusted???

RAJA P M ("Do the Right Thing...!!!") (127150 Points)
Replied 02 December 2019

It's very critical dear.... It's better to discuss with Your client and Your auditor. Bcoz, it's only through the position of accounts. No need any wrong adjustments. It's reduce your future problems....

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CHAITRI SUDHAKARBHAI KHAROD (ARTICLE) (752 Points)
Replied 02 December 2019

Yes sir....thank you

RAJA P M ("Do the Right Thing...!!!") (127150 Points)
Replied 02 December 2019

You are most welcome dear...

Kapadia Pravin (17249 Points)
Replied 02 December 2019

Such issues are better not to be discussed on open forum. Let the client and auditor or accountant decide. Actually businessman are very shrewd.

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CHAITRI SUDHAKARBHAI KHAROD (ARTICLE) (752 Points)
Replied 02 December 2019

Yes pravin sir...I will not discuss this type of issue.....thank you for your reply...

Kapadia Pravin (17249 Points)
Replied 03 December 2019

@ Chaitri
👍 👍

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