partnership firm

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B.Com
46 Points Posted on 15 June 2018
In partnership firm, can partner withdrawl the cash without limit of 10000/- in a day.
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On 15 June 2018 at 10:34 Report
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SEO Sai Gr. Hosp.
212465 Points Posted on 15 June 2018

Yes

 

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On 15 June 2018 at 10:40
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B.Com
46 Points Posted on 15 June 2018

Sir, can we book such enrty like Rs 100000/- in cash taken by partner, in our cash book. 

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On 15 June 2018 at 10:50
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SEO Sai Gr. Hosp.
212465 Points Posted on 15 June 2018

Yes, but better to avoid.....

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On 15 June 2018 at 11:10

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