Amount Rs. 1,00,000 received in the form of cash from the Sundry Debtor ( Single party ) in the way of Rs.10,000 p.m for 10 months . Is this correct ? or what are the step to be taken for this.
Another one, a concern receives cash of Rs.2,40,000 from different parties i.e.Rs.10000 from each party . is this any issue?