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Posted By : SHALU /
Published on : 09-Feb-2024 11:04 AM /
View : 129 /
Comments : 0
My professional friend, who is a tax audit assessee, utilized cash credit for working capital but omitted to include both the cash credit and debtors in the balance sheet. What would be the appropriate solution in this situation, considering the need to revise the tax audit report to reflect the cash credit as a liability and debtors as an asset?
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