How to adjust huge cash under what head

This is Unethical Practice.

Please Dont Ask Such Queries Here.

Consult Your Consultant Only.

Show Advance for supplier or give loans (through a/c payee chq), pay crds (upto 20000)

dig out your books of accts there must be sonthing which yu forgot to record.

yu r not keep proper books of accts. Even if you adjust the ITO would trace the fact, if he scrutinise seriously. you can fabricate one entyr not entire records. Trail of transaction will expose your intentions of hiding truth.

Originally posted by : CA AYUSH AGRAWAL
	This is Unethical Practice. Please Dont Ask Such Queries Here. Consult Your Consultant Only.

Dear Ayush, What is wrong of asking such question ?

Most of us know ethics of practices..

Most of the professional doing this excercise for thier most of the clients..

Ahmed,

A best answer will execute only after scruity of your company's books of accounts and a brief profie of company.

You can share trial balance at cma.gauravaggarwal @ gmail.com, i guess i can suggest you something.

Originally posted by : sonu
	Show Advance for supplier or give loans (through a/c payee chq), pay crds (upto 20000)

On what basis ? 

how it will settle after that ?

Originally posted by : Gaurav Aggarwal
	Originally posted by : CA AYUSH AGRAWAL This is Unethical Practice. Please Dont Ask Such Queries Here. Consult Your Consultant Only. Dear Ayush, What is wrong of asking such question ? Most of us know ethics of practices.. Most of the professional doing this excercise for thier most of the clients..   Ahmed, A best answer will execute only after scruity of your company's books of accounts and a brief profie of company. You can share trial balance at cma.gauravaggarwal @ gmail.com, i guess i can suggest you something.

 Agreed with Gaurav for both the reply.

without company profile,its not possible to suggest you for the adjustment.

Dear CA Ayush, So what questions should be asked here? Someone is asking right question at right place. And this thing forms part of the finalisation of small firms while setteling GP. Its not to be ignored. From where otherwise this things should be learnt,from engineering books?. I also have registered here for getting knowledge purpose only.

If its a labour based industry, You can adjust cash with Wages A/c provided you also make receipts and wages register.

In case you go for loans and advances, there arises problem of cross verification.

 Some jokers from CA final have joined in as Expert....

Like most of them just write crap to add some points ..LOL ... without understanding practical issues.