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If you get excess of cash Rs. 2000/- than what actually
CashA/c shows. As an account what do U do?
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Answer / madhu
i'll show as a accrued income in the p/l a/c's credit side
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state wheather the following statements are true or false i, the issue of shares ata discount must be authorized by a special resolution of company. ii, operating or finance lease comes under provision of as- 13 iii, at the end of the accounting period the balance of "goods sent to branch account" is transfered to trading acount iv, for life business premium is to be recognized on receipt basis v, a banking cannot grant any loans on securities of its own shares
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