Concept of Cash Short in Books of Accounts
It’s Very Funny to Call it a Concept. In Reality, you will not find any concept of cash shortage in accounts or finance books. But still, I am sure that you may have listened, sometimes in your office or somewhere else that this party (client) has a cash short of Rs ………… blaw … blaw …. blaw …. or you may have listened your seniors to talk with client “Arey Sir mar Jayenge, books main cash Short Pad raha hai, cash withdrawal karo”. So what is Cash Short?.
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