How to ajust Negative Cash Balance of Rs 350000 in a company's accounts?
Hoping for the best possible accounting entries adjustment...
Thanks,
How to ajust Negative Cash Balance of Rs 350000 in a company's accounts?
Hoping for the best possible accounting entries adjustment...
Thanks,
Take a cash loan on or before date of first negative cash balance.
You can also follow these two options if possible.
1. Raise some cash invoices befor the date of negative cash
2. Show cash receipt from some of your debtors which you think may be the defaulters.
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