Cash in hand

Internal Audit 1081 views 3 replies

what should be cash in hand show in the balancesheet

how to determine this
 

Replies (3)

it is cash on hand available on the balance sheet date. it is closing balance of the cash book figure.

Hello , I am sabina shaikh. 

Mai ek society ki secretary hu. Aur humara audit ho raha hai to 60000 ka cash in hand bata raha hai. To ap bata sakte ho ki ye problem kaise solve ho sakti hai

Cash on hand comes in the form of money that a business has available at a certain time. ... When it comes to balance sheets, it shows that the balance held by a business is in the form of coins and notes. Unless a worker is paid in cash, they usually get paid in coins and notes, meaning there is a payment record.


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