koi party Ek din me 190000 ka billing hota hai. Magar payment 100000 cash baki ka check Se payment karata hai. 90000. books me kaise entry hoga. Kya same day 100000 ka entry le skate hai
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Cash limit
Replies (8)
Yes, you have no issue for receiving cash of the same amount; but note his PAN and address in records.
Yes can Receive Rs. 100000 in Cash (After Taking PAN of Payer).
Pass Two Entries for Receipt - One for Cash Receipt and Another vide Bank.
sir kaise
Bank A/c Dr.
TO Party
and
Cash A/c Dr.
TO Party
agreed with vishesh sir answer
yes this is Right Answer Bank A/c ..Dr 100000
Cash A/c...Dr. 90000
To Party. 190000
there is restrictions on receipt of 200000 or above in cash
Cash A/c...Dr. 90000
To Party. 190000
there is restrictions on receipt of 200000 or above in cash
is GST payable on advance received from customer
sir please Pura clear kare
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