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Regarding the treatment of Imprest Account

714 views 5 replies
Imprest Account comes under which group?
A. Loans & Advances (Asset)
B. Current Assets
Replies (5)
Current assets.
loans and advances are under non current assets.
Under Loans & Advances
Imprest account falls within the scope of Current assets
Cash and bank..
Cash and Bank is under Current Asset...
But, The imprest account is under Loans and Advances...
Current Asset

Advance

Imprest for TA/DA
Imprest for other sections


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