@ Ankit, It means if you have 6 Rs. in the beginning of the day. You get Rs. 10 and spend Rs. 10 on the same day. Your closing balance will be NIl or Rs. 6??????
Madam plz provide us cost fm solution plz plz m eagerly wtng to match my answers plz at least madam provide question no 6a management of receivables answr!!! Plz
@ prateek Tiwari, it has already been uploaded within 12 hours of ur adv accounting paper at caclubindia only. search ipcc adv accounting nov 2014 paper solution