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How to calculate cash in hand

Raashi 14

CMA Inter

★ 330

09-Dec-21 20:42

324

Answers (3)

After making all entries in receipts and Payments account you have to balance both sides to arrive at cash in hand. So cash in hand is just a balancing figure

Dharshini Sankar

CA Inter

★ 7K+

09-Dec-21 22:24

Dharshini Sankar

After making all entries in receipts and Payments account you have to balance both sides to arrive at cash in hand. So cash in hand is just a balancing figure

Thank u

Thread Starter

Raashi 14

CMA Inter

★ 330

09-Dec-21 22:26

Thread Starter

Raashi 14

Thank u

No worries.all the best!!

Dharshini Sankar

CA Inter

★ 7K+

09-Dec-21 22:27